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Share Buyback Programme – Second Tranche
GREENCOAT RENEWABLES PLC
(Incorporated in the Republic of Ireland)
Registration Number: 598470
LSE Share Code: GRP
Euronext Dublin Share Code: GRP
JSE Share Code: GCT
ISIN Code: IE00BF2NR112
LEI: 635400TVSIFFQOB8RB67
("GRP" or the "Company")
Share Buyback Programme – Second Tranche
Dublin, London, Johannesburg | 24 June 2026: On 5 March 2026, Greencoat Renewables PLC
("Greencoat Renewables" or the "Company") announced a €100 million share buyback
programme to complete over the next 12 months. On the same day, Greencoat Renewables
announced the details of a first tranche (the "First Tranche") to return up to €25 million of
capital to shareholders.
Greencoat Renewables today announces its intention to commence a second tranche (the
"Second Tranche") which will return a further €25m of capital to shareholders, to begin on
the day following completion of the First Tranche (anticipated being during July 2026) and
which is expected to end no later than 31 December 2026. All shares repurchased under the
Second Tranche will be cancelled.
Greencoat Renewables announces that it has entered into an agreement with J&E Davy
("Davy") and RBC Europe Limited ("RBC") under which it has issued instructions to manage
the second tranche of the Programme. Davy and RBC will continue to act as riskless principals
to conduct the Programme and to purchase Shares on Euronext Dublin for subsequent
repurchase by the Company for a maximum aggregate consideration of up to €25 million and
to make trading decisions under the Programme in accordance with certain pre-set
parameters. Under the terms of the agreement, only one of Davy and RBC will be authorised
to repurchase shares at any one point in time. Further in terms of the agreement, Davy and
RBC will make purchases of the Shares under the Programme independently of, and
uninfluenced by, the Company.
The purpose of the Programme is to reduce the share capital of the Company in line with this
announcement. Under the terms of the Programme, the Shares will be repurchased on
Euronext Dublin and will subsequently be cancelled.
The Programme will be conducted in accordance with:
(i) the Company's general authority to repurchase shares (which authorises the
repurchase of a maximum of 166,918,897 shares, being 14.99% of the issued share
capital of the Company), as approved by shareholders at the Company's AGM held on
7 May 2026;
(ii) the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated
Regulation (EU) No 2016/1052 (including as each of them forms part of retained EU
law in the United Kingdom ("UK") from time to time, including, where relevant,
pursuant to the UK's European Union (Withdrawal) Act 2018 and Market Abuse
(Amendment) (EU Exit) Regulations 2019) as well as the applicable laws and
regulations of the UK Financial Conduct Authority and the Central Bank of Ireland; and
(iii) the JSE Listings Requirements.
There is no guarantee that the Programme will be implemented in full or that any Shares will
be bought back by the Company.
--- ENDS ---
24 June 2026
Sponsor
Valeo Capital Proprietary Limited
For further details contact:
Schroders Greencoat LLP (Investment Manager)
Bertrand Gautier
Paul O' Donnell
John Musk (Investor Relations) +44 20 7832 9495
John.Musk@SchrodersGreencoat.com
FTI Consulting (Investor Relations & Media) +353 86 401 5250
Melanie Farrell greencoat@fticonsulting.com
Conor Pierce
About Greencoat Renewables PLC
Greencoat Renewables PLC is an investor in euro-denominated renewable energy
infrastructure assets. Initially focused solely on the acquisition and management of operating
wind farms in Ireland, the Company has expanded to invest in wind and solar assets across
other European countries with stable and robust renewable energy frameworks. It has
recently broadened its strategy with the launch of a green digital infrastructure platform
targeting renewably powered data centre developments in Ireland and across Europe.
Greencoat Renewables is managed by Schroders Greencoat LLP, an experienced investment
manager in the listed renewable and energy infrastructure sector.
Date: 24-06-2026 08:01:00
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