Share Buy Back Policy
Thrive Renewables have 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. For full details, see the latest update tab.
On 15 February 2019, two wind farms were sold, providing evidence of an increase in the value of Thrive's operational assets, leading to an increase in the Director's Recommended Share Price to £2.65 per share.
An interim dividend of 40p per share, representing 15% of the share price, was proposed, subject to approval by shareholders, which was subsequently approved and paid to investors.
An additional £11 million realised by the sale will be retained by the company to invest in more sustainable energy capacity for the UK.
|Thrive Renewables believes in a clean, smart energy system that is powered by the investment of many. Its mission is to power the transition to a sustainable energy future by helping people meaningfully connect with clean energy projects. Thrive shares can be bought or sold at monthly auctions run throughout the year.|
|Current share price: see 'Latest Prices' tab|
|Minimum investment amount||None|
|Maximum investment amount||None|
You can buy Thrive Renewables shares through the secondary market.
What it does, latest social and financial performance
If you are in any doubt about the information on this website, the content of the accompanying annual report or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that the value of the shares, which will not be quoted, can fluctuate. In addition, there is no certainty that investors will get back the full amount they invest.
Click here to find out how to buy or sell shares through the secondary market.
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