Tue, 09th Apr 2019 11:46
LONDON (Alliance News) - SDCL Energy Efficiency Income Trust on Tuesday proposed a placing of new shares at 101.0 pence each to fund the acquisition of pipeline projects.
The company said the placing has been launched immediately and will close in a week's time. The number of shares to be issued has not yet been confirmed.
The placing price represents a 1.7% discount to the closing price of 102.8p at the close on Monday.
SDCL shares were up 0.1% at 102.82p each on Tuesday around midday.
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Sdcl Energy Ef. (SEIT)