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GRID

0.29%
NEUTRAL

Gresham House Energy Storage Fund Appoints New Corporate Broker

Why we think this is neutral

The RNS announcement is a routine regulatory update regarding the appointment of a new corporate broker. This is a common occurrence and does not appear to have any material financial impact on the company's operations or performance. The announcement provides no new information about the company's financial position, trading, or future prospects.

Key Points

  • Appointment of Peel Hunt LLP as Joint Corporate Broker
  • Peel Hunt LLP to work alongside existing broker Jefferies International Limited

Summary

The energy storage company has appointed a new corporate broker to work alongside its existing broker.

Gresham House Energy Storage Fund plc (GRID) has announced the appointment of Peel Hunt LLP as Joint Corporate Broker to the Company, alongside Jefferies International Limited. This appears to be a routine regulatory announcement with no material financial impact on the business.

GENERAL UPDATE