Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

CORRECT: Tesco Pension Trustees Has 8.7% SDCL Energy Stake After Deal (ALLISS)

Wed, 17th Apr 2019 17:28

(SDCL Energy Efficiency Income issued a correction re-stating Tesco Pension Trustees holding.)

LONDON (Alliance News) - SDCL Energy Efficiency Income Trust PLC said Tesco Pension Trustees Ltd held a 8.7% stake in the company after a deal on Wednesday.

Tesco Pension's prior stake in the energy efficiency sector investor, if any, has not been disclosed. It currently holds 14.9 million shares, equivalent to a 8.7% stake.

On Tuesday, SDCL announced it had raised GBP72.0 million through a 71.3 million share issue priced at 101.0 pence per share. The money will be used for acquisitions and to expand its portfolio.

Shares in SDCL closed up 0.9% at 102.85 pence on Wednesday.

Related Shares

More News
Today 15:15

UK dividends calendar - next 7 days

20 Jun 2024 15:54

UK earnings, trading statements calendar - next 7 days

6 Jun 2024 14:47

UK dividends calendar - next 7 days

22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

7 May 2024 12:00

LONDON MARKET MIDDAY: Stocks buoyed by local data, strong US equities

(Alliance News) - Stock prices in London were up at midday on Tuesday, boosted by positive local economic data and tracking European equities that wer...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.