Gresham House Renewable Energy VCT 1 plc Gresham House Renewable Energy VCT 1 plc

Coronavirus – investment portfolio impact:
The majority, by value and revenue, of the company’s assets are ground mounted solar parks and roof-mounted solar installations. Solar farms, by their nature, require a relatively low level of human presence and we therefore expect to be able to maintain normal commercial operations without significant disruption. The impact of coronavirus, and the Government’s response to it, should therefore be relatively limited under normal operations. The Board notes that there are risks should any assets require significant, unexpected repair or maintenance work , as both supply chains for spare parts and the availability of maintenance technicians may be restricted.

Gresham House Renewable Energy VCT 1 plc is a venture capital trust that seeks to provide investors with tax-efficient returns on their investment.

It has largely invested in a portfolio of unquoted companies specialising in long-term renewable energy generating.
It is also looking to make further investments in new and growing sustainable businesses.

Why invest?

The investment team has a strong track record in the conception, delivery and management of new energy projects in the UK.

Importantly, the team has a proven ability to meet and often exceed target returns, through a combination of refinancing, restructuring or extending projects, as well as from making operational enhancements.

The Gresham House Renewable Energy VCTs seek to provide shareholders with a reliable source of tax-free income.

Investment approach

The funds have largely been invested in a portfolio of renewable energy generating assets that are mature and generating electricity and earning revenues both from the sale of electricity and from government incentives to support the development of renewable energy generation capacity (feed-in tariffs and renewable obligation certificates).

The company looks to make a small number of new investments and these will ideally be in sustainable or related businesses.

How to invest

Investors can access ordinary shares in the fund on the stock exchange (ticker: GV1O)

Prospective investors can buy new shares when the fund issues new shares through an offer for subscription. Contact us to receive information about share offers when they become available.

Shares already in issue can be purchased on the secondary market via a stockbroker or authorised share dealing service. To register your interest to buy or sell shares please contact Chris Lloyd at Panmure Gordon (UK) Limited, the Company’s market maker:

Chris Lloyd
T: 0207 886 2716
E: Chris.lloyd@panmure.com

 Important information: Prospective investors should carefully consider the risks associated with this form of investment and seek advice from a qualified financial adviser. Investment in smaller unquoted companies involves a higher degree of risk than investment in larger companies. VCT shares are infrequently traded, so shares are often valued at a discount to their Net Asset Value and may be difficult to realise. Shareholders may be offered a price which is less than the full value of the underlying

Gresham House Renewable Energy VCT 1 plc Board

Investment Team

Investor relations queries

Shareholder information

Link Group is our registrar and they offer many services to make managing your shareholding easier and more efficient.

Signal Shares

Signal Shares is a secure online site where you can manage your shareholding quickly and easily.  You can:

  • View your holding and get an indicative valuation
  • Change your address
  • Arrange to have dividends paid into your bank account
  • Request to receive shareholder communications by email rather than post
  • View your dividend payment history
  • Make dividend payment choices
  • Buy and sell shares and access a wealth of stock market news and information
  • Register your proxy voting instruction
  • Download a stock transfer form

To register for Signal Shares just visit www.signalshares.com. All you need is your investor code, which can be found on your share certificate or your dividend confirmation voucher.

Customer Support Centre

Alternatively, you can contact Link’s dedicated VCT Customer Support Centre which is available to answer any queries you have in relation to your shareholding:

By phone – UK – 0371 664 0324

(Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. Lines are open between 09:00 – 17:30, Monday to Friday excluding public holidays in England and Wales).

 By email – vcts@linkgroup.co.uk

By post – Link Group, 10th Floor, Central Square, 29 Wellington Street, Leeds, LS1 4DL

Sign up to electronic communications

Help us to save paper and get your shareholder information quickly and securely by signing up to receive your shareholder communications by email.

Registering for electronic communications is very straightforward. Just visit www.signalshares.com. All you need is your investor code, which can be found on your share certificate or your dividend confirmation voucher.

Arrange to have your dividends paid direct into your bank account

 This means that:

  • Your dividend reaches your bank account on the payment date
  • It is more secure – cheques can sometimes get lost in the post
  • You don’t have the inconvenience of depositing a cheque.
  • Helps reduce cheque fraud.

If you have a UK bank account you can sign up for this service on Signal shares (by clicking on ‘your dividend options’ and following the on screen instructions) or by contacting the Customer Support Centre.

Share fraud warning

Share fraud includes scams where investors are called out of the blue and offered shares that often turn out to be worthless or non-existent, or an inflated price for shares they own. These calls come from fraudsters operating in ‘boiler rooms’ that are mostly based abroad.

While high profits are promised, those who buy or sell shares in this way usually lose their money.

The Financial Conduct Authority (FCA) has found most share fraud victims are experienced investors who lose an average of £20,000, with around £200m lost in the UK each year.

Protect yourself

If you are offered unsolicited investment advice, discounted shares, a premium price for shares you own, or free company or research reports, you should take these steps before handing over any money:

  • Get the name of the person and organisation contacting you
  • Check the Financial Services Register at http://www.fca.org.uk/ to ensure they are authorised
  • Use the details on the FCA Register to contact the firm
  • Call the FCA Consumer Helpline on 0800 111 6768 if there are no contact details on the Register or you are told they are out of date
  • Search our list of unauthorised firms and individuals to avoid doing business with

REMEMBER: if it sounds too good to be true, it probably is!

If you use an unauthorised firm to buy or sell shares or other investments, you will not have access to the Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS) if things go wrong.

Report a scam

If you are approached about a share scam you should tell the FCA using the share fraud reporting form at http://www.fca.org.uk/ scams, where you can find out about the latest investment scams. You can also call the Consumer Helpline on 0800 111 6768.

If you have already paid money to share fraudsters you should contact Action Fraud on 0300 123 2040.

IMPORTANT INFORMATION:
This website uses cookies to ensure you get the best experience on our website.
We have recently updated our Online Privacy and Cookies Policy (the “Policy”) to improve our commitment to protecting your personal information.
Please take a moment to read the updated Policy, which is accessible through the following link: Online Privacy and Cookies Policy