HICL Infrastructure PLC Issue of Equity - Replacement (3513Z)
10 January 2020 - 2:35AM
UK Regulatory
TIDMHICL
RNS Number : 3513Z
HICL Infrastructure PLC
09 January 2020
GENERAL TEXT AMENDMENT
The following amendments have been made to the 'Issue of Equity'
announcement released on 9 January 2020 at 15:05 under RNS No
3490Z.
The issue price per Share was 171.4 pence, in line with the
mid-market price prevailing at the time of issue, thereby raising
gross proceeds of GBP17.14m.
All other details remain unchanged. The full amended text is
shown below.
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 171.4 pence, in line with
the mid-market price prevailing at the time of issue, thereby
raising gross proceeds of GBP17.14m.
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 +44 (0) 20 7484 1800
Harry Seekings
Keith Pickard
Kirsty MacCallum
Aztec Financial Services (UK) Limited +44 (0) 20 3818 0246
Chris Copperwaite
Sarah Felmingham
Investec Bank plc +44 (0) 20 7597 4000
David Yovichic
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
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