9th Jun 2022 20:06
VH Global Sustainable Energy Opportunities PLC - invests in sustainable energy infrastructure - Announces a placing, open offer, subscription offer and intermediaries offer to raise a target GBP150 million. The issue price is 110 pence per share, representing a 3.4% premium to net asset value per share at March 31, adjusted for the interim dividend of 1.25p. Company adds that the size of the initial issue may increase to up to GBP280 million, subject to demand. Intends to use the proceeds to invest in its Enhanced Pipeline, which consists of three projects totalling GBP280 million.
Current stock price: 111.00 pence, down 1.5%
12-month change: up 11%
By Heather Rydings; [email protected]
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