Regulatory Story
Go to market news section View chart   Print

Director/PDMR Shareholding

Released 10:50 17-Nov-2017

RNS Number : 8239W
Bluefield Solar Income Fund Limited
17 November 2017


17 November 2017


Bluefield Solar Income Fund Limited

('Bluefield Solar' or the 'Company')


Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons ("PCA")


Bluefield Solar (LON:BSIF), a sterling income fund that invests in UK-based solar assets, received notification that 17,724 Ordinary Shares in the Company have been acquired by the Self-Investment Personal Pension of Mr Mike Rand, a PDMR of the Company.  Following the transaction, Mr Rand's beneficial interest in the Company is 218,927 shares, representing 0.06% of the issued capital of the Company.


Details of the transaction can be found in the Notification of Dealing Form below. 




Details of the person discharging managerial responsibilities / person closely associated






Michael Antony Rand (via Hargreaves Lansdowne)



Reason for the notification






PCA with Mr Mike Rand, a member of the Investment Advisor



Initial notification /Amendment


Initial Notification



Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor






Bluefield Solar Income Fund Limited








Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




Description of the financial instrument, type of instrument


Identification code

Bluefield Solar Income Fund Limited, Ordinary Shares






Nature of the transaction


Purchase of Ordinary Shares



Price(s) and volume(s)








Aggregated information

- Aggregated volume

- Price

- Principal amount








Date of the transaction


16 November 2017



Place of the transaction


London Stock Exchange, Main Market




For further information:


Bluefield Partners LLP (Company Investment Adviser)
James Armstrong / Mike Rand / Giovanni Terranova

Tel: +44 (0) 20 7078 0020

Numis Securities Limited (Company Broker)
Tod Davis / David Benda

Tel: +44 (0) 20 7260 1000

Heritage International Fund Managers Limited
(Company Secretary & Administrator)
Kevin Smith

Tel: +44 (0) 1481 716 000

Media enquiries:
Buchanan (PR Adviser)
Henry Harrison-Topham / Vicky Hayns / Henry Wilson

Tel: +44 (0) 20 7466 5000

Notes to Editors


About Bluefield Solar

Bluefield Solar is a sterling income fund focused on acquiring and managing UK-based solar projects to generate stable renewable energy for periods of typically 25 years or longer.  The Company's primary objective is to deliver to its shareholders, stable, long term sterling income via quarterly dividends, which are linked to RPI.  The majority of the Group's revenue streams are regulated and non-correlated to traditional markets.  Bluefield Solar owns and operates one of the UK's largest, diversified portfolios of solar assets with a combined installed power capacity in excess of 440MWp.


Further information can be viewed at


About Bluefield Partners LLP ('Bluefield')

Bluefield was established in 2009 and is an investment adviser to companies and funds investing in solar energy infrastructure. It has a proven record in the selection, acquisition and supervision of large scale energy and infrastructure assets in the UK and Europe.  The team has been involved in over £1.25 billion of solar PV funds and/or transactions in both the UK and Europe since 2008, including over £500 million in the UK since December 2011.


Bluefield has led the acquisitions of, and currently advises on, over 70 UK based solar PV assets that are agriculturally, commercially or industrially situated.  Based in its London office, Bluefield's partners are supported by a dedicated and highly experienced team of investment, legal and portfolio executives.  Bluefield was appointed Investment Adviser to the Company in June 2013.

This information is provided by RNS
The company news service from the London Stock Exchange

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.


Director/PDMR Shareholding - RNS