GREENCOAT RENEWABLES PLC - Greencoat Renewables to step-up to the Main Board of the JSE Limited

Greencoat Renewables to step-up to the Main Board of the JSE Limited

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")


Greencoat Renewables to step-up to the Main Board of the JSE Limited ("JSE")


Dublin, London, Johannesburg | 19 May 2026: Greencoat Renewables PLC ("Greencoat",
"the Company" or "GRP"), the renewable energy infrastructure company investing in
European renewable energy generation assets, announces that, following receipt of all
requisite approvals (including JSE approval and shareholder approval of the amended
Articles), it will reclassify and transfer its secondary listing on the AltX to a dual 
primary listing on the Main Board of the JSE with effect from 28 May 2026 
("Reclassification and Transfer").

The Company continues to see active engagement from South African institutional investors,
reflecting confidence in GRP's established platform and track record. The Main Board of the
JSE provides the appropriate platform for further market visibility and investor access.

No new ordinary shares will be issued in connection with the Reclassification and Transfer,
and the Company will continue to maintain its listings on Euronext Growth in Dublin and the
Alternative Investment Market in London.

Valeo Capital Proprietary Limited will continue to act as the Company's sole JSE Corporate
Advisor and Sponsor.

Paul O'Donnell, Investment Manager at Schroders Greencoat, said:

"The transition to the Main Board of the JSE reflects the continued evolution of Greencoat
Renewables as a leading European renewable infrastructure business. We have seen growing
interest from South African investors, and this move enhances our ability to access that capital
base while increasing the Company's visibility. We believe the Main Board of the JSE provides
an appropriate setting to support our next phase of growth, underpinned by disciplined
capital allocation and a focus on long-term value creation."


Bernard Byrne, Non-Executive Chairman of Greencoat Renewables, said:

"We are pleased to proceed with our planned transfer to the Main Board of the JSE, following
strong support from shareholders. This marks an important milestone in Greencoat's
development as a listed company. We see the JSE Main Board listing as an appropriate
exchange for a business of our scale and maturity, and one that aligns well with our long-term
strategy. The Company's Board remains focused on disciplined capital allocation and
maintaining the resilience of our portfolio, while continuing to deliver attractive dividends 
for shareholders."

The Company has listings on the Alternative Investment Market of the LSE and the Euronext
Growth Market of Euronext Dublin and a secondary listing on the Alternative Exchange of the
JSE.


19 May 2026

Sponsor
Valeo Capital Proprietary Limited


For further information:

 Schroders Greencoat LLP (Investment Manager)                +44 20 7832 9400
 Bertrand Gautier
 Paul O' Donnell
 Tom Rayner

 FTI Consulting (Investor Relations & Media)                 +353 86 401 5250
 Melanie Farrell                                             greencoat@fticonsulting.com
 Conor Pierce

 Davy (Joint Broker, NOMAD and Euronext Growth +353 1 679 6363
 Listing Sponsor)
 Brian Garrahy
 Ronan Veale

Date: 19-05-2026 08:01:00
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