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SDCL Energy Launches Placing To Fund "Strong" Acquisition Pipeline (ALLISS)

9th 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.


Related Shares:

Sdcl Energy Ef.
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Value8,275.66
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