FAQs - Shareholding

Please refer to the contact details of the joint brokers below for further information on the Company’s new share issues in line with prospectus issued 20 November 2020 or contact your financial adviser or stockbroker.

Joint Broker, Joint Bookrunner and Intermediaries Offer Adviser:
Shore Capital Stockbrokers Limited, Cassini House, 57 St James Street, London, SW1A 1LD

Joint Broker and Joint Bookrunner:
J.P. Morgan Cazenove, 25 Bank Street, London, E14 5JP, UK

The Company’s shares may also be available on the following subscription platforms:.

Details of the Company’s latest financial performance can be found in the 2024 Annual Results covering the year-ended 31 March 2024, published on the Company’s website alongside historical financial reports, which can be found here:

https://www.gsenergystoragefund.com/content/investors/shareholder-literature
Please note that past financial performance is not indicative of future results

The Company targets an attractive dividend of 7.0 pence per Ordinary Share in each financial year. From the 2024/25 financial year the profile and quantum of dividend distributions will be closely aligned with operational and other cashflows, with a target dividend of 1.0 pence per Ordinary Share paid for each of the first three quarters. It is intended that the amount of the final quarterly dividend (announced in June and paid in July) will make up the balance of the annual dividend target subject to cash flows at the time.

The Company is targeting a dividend of 7.0p per Ordinary Share for this Financial Year. This is consistent with investors' expectations based on the current NAV; however, from this financial year, the profile and quantum of dividend distributions are more closely aligned with cash flow rather than NAV.

Moving from roughly equal payments across all quarters, the Board has determined to target a dividend of 1.0 pence per Ordinary Share for each of the first three quarters of the financial year. Under the policy, the Q4 dividend target would be 4.0 pence per Ordinary Share.

The quarterly dividend payments are weighted toward the final quarter, reflecting the portfolio's construction schedule. As the Company is a real asset investor, cash generation is linked to its underlying portfolio of assets. The portfolio is on track to reach over 750 MW of energised capacity by February 2025.

The Company actively engages with investors through various channels, including its Interim and Annual reports and quarterly NAV updates via RNS. RNS announcements are released with insights into market trends and the Company's progress. Updated fund documents, including factsheets, are available on the Company’s website. Retail investor presentations are now a part of the Company’s Interim and Annual results process, while inquiries or questions can be sent directly to Investor Relations: [email protected]

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