First Day of Dealings

RNS Number : 1213I

Downing Renewables & Infrastructure

10 December 2020

 

10 December 2020

LEI: 2138004JHBJ7RHDYDR62

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL. PLEASE SEE THE SECTION ENTITLED "DISCLAIMERS" AT THE END OF THIS ANNOUNCEMENT.

DOWNING RENEWABLES & INFRASTRUCTURE TRUST PLC
("DORE" or "the Company")

First Day of Dealings 

Further to the announcement on 4 December 2020, Downing Renewables & Infrastructure Trust PLC is pleased to announce 122,500,000 Ordinary Shares will today be admitted to the premium segment of the Official List of the Financial Conduct Authority and to trading on the premium segment of the London Stock Exchange's main market ("Admission"). The Ordinary Shares will trade under the ticker "DORE" (ISIN: GB00BLF7PP25).

The total number of Ordinary Shares in issue immediately following Admission is 122,500,000 and this is the total number of Ordinary Shares with voting rights in the Company. The figure 122,500,000  should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Unless the context otherwise requires, capitalised terms used in this announcement have the meanings given to them in the prospectus published by the Company on 12 November 2020.

Tom Williams, Partner, Head of Energy and Infrastructure at Downing LLP, said: "We are very pleased to be listing DORE on the Main Market of the London Stock Exchange today and to have been awarded the Green Economy Mark.  DORE gives investors the opportunity to invest in core renewables and other infrastructure in the UK and Northern Europe, delivering stable and sustainable returns to shareholders while supporting collective national and global efforts for a cleaner, greener future."

ENDS

Contact details:

Downing LLP - Investment Manager to the Company Tom Williams	[phone]
N+1 Singer - Sponsor, financial adviser and sole bookrunner Robert Peel, Alan Ray, Carlo Spingardi (Investment Banking) Sam Greatrex, Alan Geeves, James Waterlow, Paul Glover (Sales)	[phone]
TB Cardew - Public relations advisor to the Company Ed Orlebar Tania Wild	[phone] [phone] / [phone] [e-mail]

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America.  This announcement is not an offer of securities for sale into the United States.  The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration.  No public offering of securities is being made in the United States

 

END

 

 

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