Issue of Ordinary Shares

RNS Number : 7348T

HICL Infrastructure Company Ld

17 December 2012

 

HICL Infrastructure Company Limited

Issue of Ordinary Shares

17 December 2012

Further to its announcement of earlier today, the Board of HICL Infrastructure Company Limited (the "Company") is pleased to announce that the Company has raised £42.88m net of costs through the issue for cash, subject to listing, of 36,207,221 ordinary shares of 0.01 pence each (the "New Shares") in the Company (the "Issue"). The issue price per New Share was 119.5 pence.  The Issue was oversubscribed.

Application has been made for the New Shares to be admitted to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange. It is expected that dealings in the New Shares will commence at 8.00 a.m. on 20 December 2012.

Following the issue of the New Shares, the Company's ability to issue shares by way of 'tap' has been fully utilised for the time being. Any further issue of shares on a non-pre-emptive basis (other than shares issued pursuant to the Company's scrip dividend scheme) will only be permitted following the requisite grant of authority by shareholders at a general meeting of the Company.

For further information, please contact:

Gillian Newton / Chris Copperwaite Dexion Capital (Guernsey) Limited

[phone]

 

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