Issue of Ordinary Shares

RNS Number : 4830U

HICL Infrastructure Company Ld

30 July 2015

 



HICL Infrastructure Company Limited

Issue of Ordinary Shares

30 July 2015

Further to its announcement of 27 July 2015, the Board of HICL Infrastructure Company Limited (the "Company") is pleased to announce that the Company has raised gross proceeds of £91.2m through the issue for cash, subject to listing, of 60,000,000 Ordinary Shares of 0.01 pence each (the "New Ordinary Shares") in the Company (the "Issue"). The Issue Price per New Ordinary Share was 152.0 pence. As permitted under the terms of the Issue, the Directors determined to increase the size of the Issue from its initial target size of £48.0m in light of the Company's current contracted commitments and anticipated investment opportunities.

Application has been made for the New Ordinary 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 Ordinary Shares will commence at 8.00 a.m. on 31 July 2015.

Following the issue of the New Ordinary Shares, the total number of voting rights in the Company will be 1,328,492,857. This figure 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 Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

InfraRed Capital Partners Limited	020 7484 1800
Tony Roper Keith Pickard Laurence Richardson Harry Seekings
Canaccord Genuity Limited	020 7523 8000
Robbie Robertson Dominic Waters Neil Brierley Will Barnett David Yovichic
Tulchan Communications	020 7353 4200
Martha Walsh Victoria Huxster
Dexion Capital (Guernsey) Limited	01481 743940
Chris Copperwaite

 

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