GREENCOAT RENEWABLES PLC
NOTICE OF EXTRAORDINARY GENERAL MEETING
Dublin, London, 18 December 2020 | Greencoat Renewables PLC ("Greencoat Renewables" or the "Company"), announces that an Extraordinary General Meeting of Greencoat Renewables PLC will be held at the offices of Greencoat Capital LLP at 51A Dawson Street, Dublin, D02 TV77, Ireland on 28 January 2021 at 9.00 a.m. (the "EGM").
The business of the EGM will be to consider and, if thought fit, approve certain resolutions relating to the replacement of CREST with a system operated by Euroclear Bank SA/NV for the electronic settlement of trading in the Company's ordinary shares (the "Resolutions"). Approval of the Resolutions is necessary to ensure the Company's shares can continue to be settled electronically when they are traded on Euronext Growth Dublin and the AIM market of the London Stock Exchange and remain eligible for continued admission to trading on those exchanges.
The circular which includes the notice of the EGM (the "Circular") and a Form of Proxy have been posted to shareholders today. The Board strongly urges shareholders to review the contents of the Circular in their entirety, including the documents referred to therein, and consider the Board's recommendation to vote in favour of the Resolutions.
The Circular, the Form of Proxy and copies of the documents referred to in the Circular are available to view on the Company's website, www.greencoat-renewables.com, and will be available for inspection during normal business hours on any business day from the date of this letter until the EGM at the registered office of the Company.
Public Health Guidelines and the EGM
The well-being of our Shareholders and our people is a primary concern for the Directors. We are closely monitoring the COVID-19 situation and any advice by the Government of Ireland in relation to the pandemic. We will take all recommendations and applicable law into account in the conduct of the EGM. There will likely be very limited ability to attend the EGM in person and we would therefore encourage Shareholders to submit their Form of Proxy to ensure they can vote and be represented at the EGM. By submitting a Form of Proxy in favour of the chairman of the EGM you can ensure that your vote on the Resolutions is cast in accordance with your wishes without attending in person.
Proxy forms can be submitted in advance of the EGM by availing of one of the options set out in the notice of the EGM:
• by post to the Registrars of the Company, Computershare Investor Services (Ireland) Limited, 3100 Lake Drive, Citywest Business Campus, Dublin 24, D24 AK82, Ireland, so as to be received in any case no later than 48 hours before the time appointed for the EGM;
• electronically by accessing www.eproxyappointment.com;
• via the CREST System, where shares are held in CREST, transmission of CREST Proxy instructions must be done and authenticated in accordance with Euroclear specifications as set out in the CREST Manual and received by the Registrar under CREST Participant ID 3RA50.
If registered shareholders are unable to attend the meeting and have questions they would like posed at the EGM, they can be submitted by email to: email@example.com by 9.00 a.m. on 26 January 2021 and can be assured that all questions will receive a response prior to the meeting.
The Company continues to monitor the impact of COVID-19 and any relevant updates regarding the EGM, including any changes to the arrangements outlined in the Circular, will be announced via a Regulatory Information Service and will be available on www.greencoat-renewables.com.
In the event that it is not possible to hold the EGM either in compliance with public health guidelines or applicable law or where it is otherwise considered that proceeding with the EGM as planned poses an unacceptable health and safety risk, the EGM may be adjourned or postponed or relocated to a different time and/or venue, in which case notification of such adjournment or postponement or relocation will be given in accordance with applicable law.
A copy of the Circular can be inspected at the National Storage Mechanism website at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.
Announcements relating to the EGM contain (or may contain) certain forward-looking statements with respect to certain of the Company's current expectations and projections about future events, including Migration, and the Company's future financial condition and performance. These statements, which sometimes use words such as "aim", "anticipate", "believe", "may", "will", "should", "intend", "plan", "assume", "estimate", "expect" (or the negative thereof) and words of similar meaning, reflect the directors' current beliefs and expectations and involve known and unknown risks, uncertainties and assumptions, many of which are outside the Company's control and difficult to predict (certain of which are set out in the Circular with respect to Migration).
Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements in this announcement may not occur. The information contained in this announcement, including the forward-looking statements, speaks only as of the date of this announcement and is subject to change without notice and the Company does not assume any responsibility or obligation to, and does not intend to, update or revise publicly or review any of the information contained herein save where indicated in the Circular, whether as a result of new information, future events or otherwise, except to the extent required by Euronext Growth Dublin or AIM or by applicable law.
The defined terms set out in Part 9 of the Circular have the same meaning herein.
For further information on the Announcement, please contact:
Greencoat Renewables PLC: +44 20 7832 9400
Davy (Joint Bookrunner, Nomad and
Euronext Growth Adviser) +353 1 6796363
RBC (Joint Bookrunner) +44 20 7653 4000
FTI Consulting (Media Enquiries) +353 1 765 0886