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Premier Energy&Water (PMGR)

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Tuesday 28 July, 2015

Premier Energy&Water

Issue of Equity

28 July 2015

Premier Energy and Water Trust PLC (the “Company”)

Further issue of ordinary shares

The Company announces that it has today allotted and issued, conditional only on admission, by way of a tap issue in response to market demand, 400,000 new ordinary shares of 1 pence each par value for cash, at a price of 169.75 pence per share (the “New Shares”). The New Shares will rank pari passu with the existing ordinary shares and dealings in the New Shares are expected to commence on 3 August 2015. Application has been made for the New Shares to be admitted to the premium listing segment of the Official List and to trading on the Main Market of the London Stock Exchange.

The above shares were issued pursuant to a resolution approved at an Annual General Meeting of Premier Energy and Water Trust PLC held on 21 April 2015 which permitted the allotment provided that (i) such issue is simultaneous with an issue of new zero dividend preference shares by PEWT Securities PLC (“new ZDP Shares”) and (ii) the combined effect of the issue of Ordinary Shares and the issue of New ZDP Shares  is that the net asset value per Ordinary Share  is thereby increased.

Following the issue of the ordinary shares, the issued share capital will consist of 18,088,480 ordinary shares.

The above figure of 18,088,480 may be used by shareholders as the denominator by which they will determine if they are required to notify their interest in, or change of their interest, in Premier Energy and Water Trust PLC under the FCA’s Disclosure and Transparency Rules.

-end-

Enquiries:

Premier Fund Managers Limited
Nigel Sidebottom
James Smith
Claire Long
+ 44 (0) 1483 30 60 90
 
N+1 Singer
James Maxwell
Liz Yong
Tom Smale
+ 44 (0) 20 7496 3000

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