Coronavirus - we're here to help
From how to access your account online, scam awareness, your wellbeing and our community we're here to help.

Skip to main content
  • Register
  • Help
  • Contact us
  • Log in to HL Account

Gresham House Energy Storage Fund Plc (GRID) Ord GBP0.01

Sell:106.00p Buy:109.00p 0 Change: No change
Market closed Prices as at close on 24 November 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Miscellaneous

Gresham House Energy Storage Fund Plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 13 Nov 2020)

Gresham House Energy Storage Fund Plc wants to raise approximately £257.25 million, this is to provide a larger equity base and increase the scope for institutional investment in the Company. To help do this, the Company is giving existing Shareholders the chance to buy more Shares.

 

As you hold Gresham House Energy Storage Fund Plc Shares in your HL Account, you can purchase new Shares for 105p each. You can choose now if you’d like to buy extra Shares.

 

The easiest way to do this is online, and the deadline to give an instruction is noon on Friday 20 November 2020.

 

This Subscription Offer is subject to Shareholder approval at a General Meeting to be held on 19 November 2020. If you wish to vote please send us your instruction separately before noon on Monday 16 November 2020.

 

You have two options

 

1. Do nothing

You don’t have to take part in this Offer. If you don’t, your holding won’t change.

 

2. Buy new Shares
You can buy new Shares in any of your HL accounts at a price of 105p per Share.

 

• The new Shares cost 105p each. You may apply for as many Shares as you like, but you may not receive all the Shares you apply for.


• All applications are subject to a minimum of £1000.


• You can purchase your new Shares in any of your HL accounts - we'll assume you’re applying for Shares in the account you currently hold the Shares unless you tell us otherwise.

 

Make sure the cash you need to buy Shares is in your available balance by noon on Friday 20 November 2020 and remains there until we debit the cash, expected to be on 23 November 2020. If there’s not enough cash we’ll only apply for as many Shares as your capital balance allows.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:106.00p
Buy:109.00p
Change: No change
Market closed Prices as at close on 24 November 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Miscellaneous

Gresham House Energy Storage Fund Plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 13 Nov 2020)

Gresham House Energy Storage Fund Plc wants to raise approximately £257.25 million, this is to provide a larger equity base and increase the scope for institutional investment in the Company. To help do this, the Company is giving existing Shareholders the chance to buy more Shares.

 

As you hold Gresham House Energy Storage Fund Plc Shares in your HL Account, you can purchase new Shares for 105p each. You can choose now if you’d like to buy extra Shares.

 

The easiest way to do this is online, and the deadline to give an instruction is noon on Friday 20 November 2020.

 

This Subscription Offer is subject to Shareholder approval at a General Meeting to be held on 19 November 2020. If you wish to vote please send us your instruction separately before noon on Monday 16 November 2020.

 

You have two options

 

1. Do nothing

You don’t have to take part in this Offer. If you don’t, your holding won’t change.

 

2. Buy new Shares
You can buy new Shares in any of your HL accounts at a price of 105p per Share.

 

• The new Shares cost 105p each. You may apply for as many Shares as you like, but you may not receive all the Shares you apply for.


• All applications are subject to a minimum of £1000.


• You can purchase your new Shares in any of your HL accounts - we'll assume you’re applying for Shares in the account you currently hold the Shares unless you tell us otherwise.

 

Make sure the cash you need to buy Shares is in your available balance by noon on Friday 20 November 2020 and remains there until we debit the cash, expected to be on 23 November 2020. If there’s not enough cash we’ll only apply for as many Shares as your capital balance allows.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:106.00p
Buy:109.00p
Change: No change
Market closed Prices as at close on 24 November 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend | Miscellaneous

Gresham House Energy Storage Fund Plc Ord GBP0.01

Type:
Miscellaneous
Shareholder action required:
Yes
Status:
Update Pending
Details (last updated 13 Nov 2020)

Gresham House Energy Storage Fund Plc wants to raise approximately £257.25 million, this is to provide a larger equity base and increase the scope for institutional investment in the Company. To help do this, the Company is giving existing Shareholders the chance to buy more Shares.

 

As you hold Gresham House Energy Storage Fund Plc Shares in your HL Account, you can purchase new Shares for 105p each. You can choose now if you’d like to buy extra Shares.

 

The easiest way to do this is online, and the deadline to give an instruction is noon on Friday 20 November 2020.

 

This Subscription Offer is subject to Shareholder approval at a General Meeting to be held on 19 November 2020. If you wish to vote please send us your instruction separately before noon on Monday 16 November 2020.

 

You have two options

 

1. Do nothing

You don’t have to take part in this Offer. If you don’t, your holding won’t change.

 

2. Buy new Shares
You can buy new Shares in any of your HL accounts at a price of 105p per Share.

 

• The new Shares cost 105p each. You may apply for as many Shares as you like, but you may not receive all the Shares you apply for.


• All applications are subject to a minimum of £1000.


• You can purchase your new Shares in any of your HL accounts - we'll assume you’re applying for Shares in the account you currently hold the Shares unless you tell us otherwise.

 

Make sure the cash you need to buy Shares is in your available balance by noon on Friday 20 November 2020 and remains there until we debit the cash, expected to be on 23 November 2020. If there’s not enough cash we’ll only apply for as many Shares as your capital balance allows.

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown Clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
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.
Open:
107.50p
Trade high:
107.87p
Year high:
118.50p
Estimated NAV:
99.02
Previous close:
107.50p
Trade low:
106.70p
Year low:
88.00p
Premium/Discount:
8.56%
Previous:
0.00p (0.00%)
Previous:
0.00p
Volume:
521,609
Dividend yield:
4.19%
Currency:
GBX
Data delayed by at least 15 minutes.

Price

  • Net Asset Value (NAV)
GRESHAM HOUSE . performance chart

Premium/Discount

GRESHAM HOUSE . performance chart
Full interactive share price and premium / discount charts

Performance

Not available for this stock.

Trust Basics

Benchmark: n/a
Annual management charge: 1% of Net Assets
Performance fee: No
Ongoing charge: 2.15%
Dividend yield: 4.19%
Dividend frequency: Quarterly
Total assets: £232m
Gross gearing: 100%
Market capitalisation:Market cap.: £252m
Shares in issue: 234.27 million
Legal structure Closed Ended Investment Company
Domicile: United Kingdom
ISIN GB00BFX3K770

Recent dividends paid or declared by Gresham House Energy Storage Fund Plc:

Type Ex-div date Payment date Amount
3rd interim * 05/11/2020 11/12/2020 1.75p
2nd interim 10/09/2020 25/09/2020 1.75p
1st interim 21/05/2020 12/06/2020 1.75p
4th interim 27/02/2020 20/03/2020 1.00p
3rd interim 05/12/2019 20/12/2019 1.00p

* Dividend has not yet been paid but has been declared by Gresham House Energy Storage Fund Plc.

This data is provided by Digital Look. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision.

Full dividend history

Five years' total annual Gresham House Energy Storage Fund Plc dividends:

Financial
year end
Dividend
yield
Dividend
cover
Total dividend
paid
31/12/2019 4.20% 0.68 4.50p

All dividend data is calculated excluding any special dividends. Historical dividends may be adjusted to reflect any subsequent rights issues and corporate actions.

Full dividend history

Ready to invest?

To buy shares in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account.
Try our handy filter to find which one suits you best.

Compare accounts

Important Documents



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. 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.

NET ASSET VALUE (NAV)

Estimated NAV: 99.02
Latest actual NAV: 100.77
Latest actual NAV date: 30 September 2020
Premium/Discount: 8.56%
12m average Premium/Discount: 5.00%
NAV frequency: Quarterly

Recent trade data is unavailable. We will be replacing it, however in the meantime the information is available on the London Stock Exchange website.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Key Dates

Launch date: 1 November 2018
Financial year end: December
Next AGM: June 2021
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. Prices provided by NBTrader. Charts provided by Factset. Dividend data provided by Digital Look. Recent trade data provided by MoneyAM. Trust basics, holding data, key dates, objective and NAV 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'.