2 July 2019
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 that 14,612 Ordinary Shares in the Company have been acquired by the Self-Investment Personal Pension and Individual Savings Account of Mr Giovanni Terranova, a PDMR of the Company. Following the transaction, Mr Terranova's beneficial interest in the Company is 182,568 shares, representing 0.05% of the issued capital of the Company.
Details of the transaction can be found in the Notification of Dealing Form below.
Details of the person discharging managerial responsibilities / person closely associated
Mr Giovanni Terranova (via Hargreaves Lansdowne)
Reason for the notification
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Bluefield Solar Income Fund Limited
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
Description of the financial instrument, type of instrument
Bluefield Solar Income Fund Limited, Ordinary Shares
Nature of the transaction
Purchase of Ordinary Shares
Price(s) and volume(s)
- Aggregated volume
- Principal amount
Date of the transaction
1 July 2019
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
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 465 Megawatt peak (MWp).
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 £1.5 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over £800 million in the UK since December 2011.
Bluefield has led the acquisitions of, and currently advises on, over 85 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, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.