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Thrive Renewables plc (formerly Triodos Renewables plc)

Ordinary Shares

SECONDARY MARKET

Open share offers are subject to changes and updates as the project progresses.

Check back with this tab to find the latest project update.

Latest update: 24/01/2018

Update: 24/01/2018

Thrive Renewables Plc Share Buy-Back Policy

As part of the Directors ongoing commitment to providing share trading liquidity, Thrive have re-introduced a share Buy-Back Policy. Shareholders are eligible to benefit from the Buy-Back policy if they have been listed to sell their shares on the Matched Bargain Service for 12 months or more. Under the Buy-Back policy, the Company undertakes to purchase shares from eligible shareholders at a 10% discount to the Director’s Recommended Share Price, subject to a number of conditions. The conditions include, shareholder approval at the AGM and the Company having adequate financial resources to fund the share Buy-Back. It is the Directors intention that the Buy-Back Policy will increase the liquidity of the secondary shares market and enable sellers to achieve a fair price for their shares. The Directors reserve the right to cease offering the Buy-Back at any time.

The full buy pack policy can be viewed here

 

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