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LONDON - SDCL Efficiency Income Trust plc, a FTSE 250 constituent, has announced a change of name to SDCL Efficiency Income Trust plc, effective from May 21, 2025. The name change, in compliance with new guidelines from the European Securities and Markets Authority (ESMA), will see the company commence dealings under the new title at 8.00 am (BST) on May 29, 2025. The company’s stock market ticker and other identifiers remain unchanged.
In addition, SEIT will update its corporate website address to www.seitplc.com on the same date. This change does not affect the company’s investment strategy or portfolio of assets, which continue to focus on energy efficiency solutions.
SEIT’s chair, Tony Roper, stated that the name change ensures the company’s ability to market within the EU. He emphasized SEIT’s commitment to supporting the energy transition by reducing global energy waste through its diversified portfolio.
The company also confirmed its target dividend of 6.32p per share for the financial year ending March 31, 2025, and reported a net asset value (NAV) of 90.6p per share as of September 30, 2024.
SEIT, managed by Sustainable Development Capital LLP, invests in energy efficiency projects across North America, the UK, and Europe. The company seeks to provide shareholders with value through stable dividend income, capital preservation, and the potential for capital growth.
This information is based on a press release statement.
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