Gore Street Energy Storage Fund

Gore Street Energy Fund Dividend Waiver and Directors’ Jobs

The views expressed in this article are those of its author and not necessarily those of ShareSoc. At the forthcoming Annual General Meeting of Gore Street Energy Storage Fund (GSF) in addition to the usual resolutions shareholders are asked to approve a whitewash of the illegal past payments of dividends (resolution 15). This regularly happens when a company fails to file a statement of distributable reserves at Companies House showing it has sufficient reserves to cover the dividend. It seems to happen ...