TIDMHGT

RNS Number : 1759C

HgCapital Trust PLC

14 June 2019

HgCapital Trust plc

Result of Placing

14 June 2019

Further to the announcement of 10 June 2019, the Board of Directors (the "Board") of HgCapital Trust plc (the "Company") is pleased to announce the placing has closed, raising GBP63.7 million before costs and expenses through the issue of 29,352,828 ordinary shares of 2.5 pence in the capital of the Company (the "New Ordinary Shares") by way of a placing (the "Placing").

Applications will be made for 29,352,828 New Ordinary Shares to be admitted to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's main market for listed securities. Admission is expected to become effective, and dealings in the New Ordinary Shares to commence at 8 a.m. on 18 June 2019.

Following the Issue, the Company's issued share capital will comprise 402,599,808 Ordinary Shares with voting rights, therefore, as at 18 June 2019, the total number of voting rights in HgCapital Trust plc will be 402,599,808. The above figure (402,599,808) may 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 to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries

Hg

Laura Dixon +44 (0)20 7089 7888

Numis

James Glass (sales) +44 (0)20 7260 1369

David Benda (corporate) +44 (0)20 7260 1275

Brunswick

Sam Chiene and Joe Shipley +44 (0)20 7379 5151

The information contained within this announcement is deemed by the HgCapital Trust plc to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

ROIKMGMVNFKGLZM

(END) Dow Jones Newswires

June 14, 2019 02:00 ET (06:00 GMT)

Hg Capital (LSE:HGT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Hg Capital Charts.
Hg Capital (LSE:HGT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Hg Capital Charts.