18th Oct 2019 09:44
(Alliance News) - SDCL Energy Efficiency Income Trust PLC on Friday said it has raised GBP100 million through a previously announced placing of new ordinary shares.
The UK-based investment firm said a total of 97.1 million new ordinary shares will be issued at 103.0 pence per share pursuant to the placing. The capital raise was initially announced on Friday last week.
SDCL Energy shares were down up 0.2% in London at 105.74 pence each on Friday morning.
The company also said it expects to declare an interim dividend of 2.5 pence per share in respect of the six month period to September 30. SDCL added that investors who will participate in the placing will be entitled to receive the dividend.
Tony Roper, chairman of SDCL Energy, said: "We are delighted with the strong support shown by both existing and new investors in our second capital raise since the IPO in December. This is an exciting time to be investing in energy efficiency and we have demonstrated our ability to make attractive acquisitions."
By Loreta Juodagalvyte; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
Sdcl Energy Ef.