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1 May 2018 11:41
The Renewables Infrastructure Group Limited
Issue of Shares
Total Voting Rights
1 May 2018
The Board of The Renewables Infrastructure Group Limited (the "Company" or "TRIG") announces that it has today issued for cash 5 million new ordinary shares of no par value in the Company ("New Ordinary Shares") at a price of 105.6p per New Ordinary Share (the "Issue"). The New Ordinary Shares were issued pursuant to the authority to dis-apply pre-emption rights granted by the Company's shareholders at the Company's Annual General Meeting in May 2017.
The net proceeds of the Issue will be applied towards repaying amounts drawn under the Company's revolving acquisition facility with Royal Bank of Scotland plc, National Australia Bank Limited and ING Bank N.V.
Application for Admission
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 Friday, 4 May 2018.
Total Voting Rights
Immediately following Admission, the Company's issued share capital will consist of 1,015,684,730 Ordinary Shares with voting rights. This figure may be used by shareholders in determining the denominator for the calculation by which they will establish 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.
LEI: 213800N06Q7Q7HMOMT20
Enquiries:
InfraRed Capital Partners Limited +44 (0) 20 7484 1800
Richard Crawford
Phil George
Canaccord Genuity Limited +44 (0) 20 7523 8000
Robbie Robertson
Dominic Waters
Neil Brierley
Will Barnett
Gavin Tooke
Lucy Lewis
Andrew Zychowski
Liberum +44 (0) 20 3100 2000
Andrew Davies
Jack Kershaw
Anastasia Mikhailova
Chris Clarke
Henry Freeman
Louis Davies
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