London, December 02, 2024, (Oilandgaspress) ––– VH GSEO announce that, pursuant to Section 77 of the Companies Act 2006 and as permitted by the Company’s Articles of Association, it has resolved to change the Company’s name from VH Global Sustainable Energy Opportunities PLC to VH Global Energy Infrastructure PLC, with effect from 2 December 2024. The Company’s ticker symbol for the London Stock Exchange will be changed to ‘ENRG’.
The Company’s ISIN and SEDOL will remain unchanged.
The name of the Company will be updated on the London Stock Exchange in due course when the formal documentation has been received from Companies House.
The name change is being implemented to align with new regulatory requirements for fund names. The Company’s sustainable investment objective-to “make an impact by supporting the attainment and pursuit of key SDGs, where energy and energy infrastructure investments directly contribute to accelerating the energy transition”-remains unchanged.
In conjunction with the name change, the Company announces its adoption of the ‘Sustainability Impact’ label under the Financial Conduct Authority’s (“FCA”) Sustainability Disclosure Requirements (“SDR”). This label identifies investment products that aim to achieve a pre-defined measurable impact in relation to an environmental and/or social outcome.
The adoption of the ‘Sustainability Impact’ label reflects the Company’s continued commitment to achieving its sustainability investment objective, while continuing to target a 10% net and unlevered return, and a progressive and covered annual dividend.
The Board and Victory Hill Capital Partners LLP, the investment manager, have confirmed there is no change to the investment process and have welcomed the clarity and accountability the label brings, rather than limiting the investment universe and value creation opportunities in its current investments.
Bernard Bulkin, Chair of the Company, “The adoption of this label highlights our dedication to transparency and delivering real-world impact, providing investors with confidence in our commitment to sustainability, specifically the energy transition, climate change and air pollution reduction. We are confident our investment process and measurement approach are rigorous, enabling us to drive measurable environmental outcomes while delivering sustainable financial returns.”
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