Director/PDMR Shareholding
Updated : 14:56
| 23 January 2018 |
Bluefield Solar Income Fund Limited
('Bluefield Solar' or the 'Company')
Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons ("PCA")
Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, received notification of the following allocations made on 19 January 2018 in relation to the Investment Adviser's variable fee, pursuant to the Investment Advisory Agreement, that was announced to the market on 9 January 2018:
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Michael Antony Rand (via Hargreaves Lansdowne) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr Mike Rand, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 17,793 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
17,793 £1.0749 £19,125.70 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| James Armstrong (via Hargreaves Lansdowne) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr James Armstrong, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 17,793 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
17,793 £1.0749 £19,125.70 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Giovanni Terranova (via Hargreaves Lansdowne) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr Giovanni Terranova, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 17,793 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
17,793 £1.0749 £19,125.70 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Anthony Williams (via Goldman Sachs Securities (Nominees) Limited) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr Anthony Williams, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 8,297 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
8,297 £1.0749 £8,918.45 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| William Doughty (via SVS (Nominees ) Limited) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr William Doughty, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 2,144 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
2,144 £1.0749 £2,304.59 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Moulton Goodies Limited (via Jarvis Investment Management) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr Jon Moulton, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 2,144 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
2,144 £1.0749 £2,304.59 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Francesco Girardi (via Hargreaves Lansdowne) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr Francesco Girardi, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 2,095 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
2,095 £1.0749 £2,251.92 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Neil Wood (via First Direct) | |
2
| Reason for the notification
| ||
a)
| Position/status
| PCA with Mr Neil Wood, a member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 2,095 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
2,095 £1.0749 £2,251.92 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Helen Eaton | |
2
| Reason for the notification
| ||
a)
| Position/status
| A member of the Investment Advisor | |
b)
| Initial notification /Amendment
| Initial Notification | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||
a)
| Name
| Bluefield Solar Income Fund Limited | |
b)
| LEI
| 2138004ATNLYEQKY4B30 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Bluefield Solar Income Fund Limited, Ordinary Shares
GG00BB0RDB98 | |
b)
| Nature of the transaction
| Transfer of Ordinary Shares | |
c)
| Price(s) and volume(s)
| Price(s) £1.0749 | Volume(s) 2,095 |
d)
| Aggregated information - Aggregated volume - Price - Principal amount
|
2,095 £1.0749 £2,251.92 | |
e)
| Date of the transaction
| 19 January 2018 | |
f)
| Place of the transaction
| London Stock Exchange, Main Market
| |
For further information:
Bluefield Partners LLP (Company Investment Adviser) | Tel: +44 (0) 20 7078 0020 |
Numis Securities Limited (Company Broker) | Tel: +44 (0) 20 7260 1000 |
Estera International Fund Managers (Guernsey) Limited | Tel: +44 (0) 1481 742 742 |
Media enquiries: |
|
Notes to Editors
About Bluefield Solar
Bluefield Solar is a sterling income fund focused on acquiring and managing UK-based solar projects to generate stable renewable energy for periods of typically 25 years or longer. The Company's primary objective is to deliver to its shareholders stable, long term sterling income via quarterly dividends, which are linked to RPI. The majority of the Group's revenue streams are regulated and non-correlated to traditional markets. Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 440MWp.
Further information can be viewed at www.bluefieldsif.com.
About Bluefield Partners LLP ('Bluefield')
Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large scale energy and infrastructure assets in the UK and Europe. The team has been involved in over £1.25 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over £500 million in the UK since December 2011.
Bluefield has led the acquisitions of, and currently advises on, over 70 UK based solar PV assets that are agriculturally, commercially or industrially situated. Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives. Bluefield was appointed Investment Adviser to the Company in June 2013.
This information is provided by RNS