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Pin to quick picksGreencoat Rene. Share News (GRP)

Share Price Information for Greencoat Rene. (GRP)

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Share Price: 1.15
Bid: 1.14
Ask: 1.15
Change: 0.00 (0.00%)
Spread: 0.01 (0.88%)
Open: 1.14
High: 1.15
Low: 1.14
Yest. Close: 1.1475
GRP Live PriceLast checked at -
Greencoat Renewables is an Investment Trust

To provide attractive risk-adjusted returns to shareholders through annual dividend increase and capital value growth by investing in renewable energy generation assets within the Eurozone, focus on Ireland.

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IN BRIEF: Ireland Strategic To Sell 7% Stake In Greencoat Renewables

Thu, 8th Oct 2020 20:03

Greencoat Renewables PLC - renewable energy company - Says Ireland Strategic Investment Fund intends to sell 45.6 million shares in Greencoat Renewables by way of an accelerated bookbuild. The placing shares represent 7.2% of Greencoat Renewables' issued share capital and following completion of the Placing, the fund will hold 30.4 million shares, which will be subject to a lock up agreement of 180 days. RBC Europe Ltd is acting as sole bookrunner on the placing. Greencoat Renewables will not receive any proceeds from the placing. The price per placing share will be determined by way of an accelerated bookbuilding process to institutional investors. The bookbuilding period will commence immediately and may close at any time on short notice

Current stock price: EUR1.23

Year-to-date change: up 2.5%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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