RNS Number : 8681O
Renewable Energy Generation Ltd
02 June 2015
 

2 June 2015

 

Renewable Energy Generation Limited

ZDP Timetable

Renewable Energy Generation Limited (the "Company") notes recent press speculation that the Department of Energy and Climate Change may shortly publish plans to make changes to the Renewables Obligation regime.  The Company intends to review its proposed Zero Dividend Preference Share Issue ("ZDP") in light of such plans and consequently there will now be a delay to the Expected Timetable announced on 14 May 2015.  The EGM called for 8 June 2015 to obtain shareholder consents in relation to the ZDP issue will be adjourned.

A further announcement, incorporating an updated timetable, will be made in due course.

Capitalised terms used but not defined in this announcement shall, unless the context requires otherwise, have the same meaning as in the Shareholder Circular published on 14 May 2015.

 

Enquiries:

 

Renewable Energy Generation Limited

Andrew Whalley, Chief Executive Officer

David Crockford, Finance Director

Ian Lawrence, Communications Manager

+44 (0)1483 901 796



Cenkos

(Placing Agent and Financial Adviser)

Sapna Shah

Phil Higgs

+44 (0)20 7397 8900



Smith & Williamson Corporate Finance Limited

(Nominated Adviser)

Martyn Fraser

+44 (0)117 376 2213



St Brides Partners

(Public Relations)

Felicity Winkles

Frank Buhagiar

+44 (0)20 7236 1177

 

 

Notes to editors

 

Renewable Energy Generation Ltd (REG) is an AIM listed renewable energy group. Its main business is the development, construction and operation of wind farms and generating power from refined used cooking oil.

 

REG Windpower: based in Truro, Bath and Guildford, UK, it currently operates 11 wind projects in Cambridgeshire, Cornwall, County Durham, Yorkshire, Lancashire, Cumbria and Gwynedd, with a total capacity of 34.7MW as well as 5 projects on behalf of its partner BlackRock totalling 46MW. REG has around 200MW of projects in the planning system awaiting consent.

 

REG Bio-Power UK Ltd: based in Nottingham, UK: it operates 26MW of electricity generation plant powered by fuel recovered from used cooking oil.

 

Headquartered in Jersey, REG was admitted to trading on AIM, a market operated by the London Stock Exchange, in May 2005 (AIM: WIND).

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSSEFWFFISEFM