Issue of Equity

RNS Number : 3490Z

HICL Infrastructure PLC

09 January 2020

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL OR TO U.S. PERSONS. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION.

HICL Infrastructure PLC

Issue of Equity

9 January 2020

The Board of HICL Infrastructure PLC (the "Company") is pleased to announce that, in response to ongoing investor demand, it has issued for cash 10,000,000 Ordinary Shares of 0.01 pence each in the Company ("New Ordinary Shares") by way of non-pre-emptive tap issuance. The issue price per Share was 170.4 pence, in line with the mid-market price prevailing at the time of issue, thereby raising gross proceeds of £17.04m.

The net proceeds of the issue will be used for general corporate purposes.

Application will be made to the Financial Conduct Authority for admission of the New Ordinary Shares to the premium segment of the Official List and to London Stock Exchange plc for admission to trading of the New Ordinary Shares on its main market for listed securities (the "Main Market"), (together, "Admission").  It is expected that Admission will become effective, and that dealings in the New Ordinary Shares on the Main Market will commence, on or around 14 January 2020.

LEI:  213800BVXR1E5L7PEV94

Enquiries:

InfraRed Capital Partners Limited                            [phone]

Harry Seekings

Keith Pickard

Kirsty MacCallum

Aztec Financial Services (UK) Limited                      [phone]

Chris Copperwaite

Sarah Felmingham

Investec Bank plc                                                       [phone]

David Yovichic

 

END

 

 

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