Gresham House Energy Storage Fund Plc (GRID) Ord GBP0.01
Sell:41.20p
Buy:42.30p
0
Change:
No change
No change
Market closed |
Prices as at close on 4 February 2025
Prices delayed by at least 15 minutes
|
Switch to live prices
|
- Add to watchlist
- Create an alert
- This stock can be held in a
Sell:41.20p
Buy:42.30p
Change:
No change
No change
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 4 February 2025
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:41.20p
Buy:42.30p
Change:
No change
No change
Market closed |
Prices as at close on 4 February 2025
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.
Objective
The company seeks to provide investors with an attractive and sustainable dividend over the long term by investing in a diversified portfolio of utility scale operational energy storage systems, which utilise batteries and may also utilise generators, located in Great Britain, Northern Ireland, and the Republic of Ireland. In addition, the company seeks to provide investors with the prospect of capital growth through the re-investment of net cash generated in excess of the target dividend in accordance with the investment policy of the company and the requirements of the IT Regulations.
| Security | Weight |
|---|---|
| Uk Battery Storage Ltd | 28.71% |
| Grendon Storage Ltd | 8.14% |
| Melksham East Storage Ltd And Melksham West Storag | 8.10% |
| Penwortham Storage Ltd | 6.42% |
| Green Grid Power1 Ltd | 6.01% |
| Hc Ess7 Ltd | 5.80% |
| Hc Ess4 Ltd | 5.72% |
| Hc Ess6 Ltd | 5.53% |
| Coupar Ltd | 5.49% |
| Enderby Storage Ltd | 4.80% |
Top 10 sectors currently unavailable.
Top 10 countries currently unavailable.
Fee Structure
The annual fund management fee will be calculated quarterly based on a weighted average of two factors 1 the average closing daily market capitalization during the quarter, and 2 the NAV at the beginning of the quarter. The fee will be 1% on the first GBP 250 million, 0.9% on the amount in excess of GBP 250 million and up to and including GBP 500 million, and 0.8% on the amount exceeding GBP 500 million.
Dividend Policy
The Board expects that dividends will constitute the principal element of the return to the holders of Ordinary Shares.The Company will target dividend payments of 7.0p per Ordinary Share in 2022 and in financial periods thereafter.It is intended that dividends on the shares will be payable quarterly for the quarters ending in March, June, September, and December
ASSET SPLIT
Trust Manager
Ben Guest
Manager Bio
Not currently available for this investment trust.
Board Of Directors
John LeggateChairman, David Stevenson, Duncan Neale, Catherine Pitt, Isabel Liu
Data policy - All information should be used for indicative purposes only. You should
independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete,
and accepts no responsibility for how it may be used.
Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.