10 December 2019
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.
Octopus Renewables Infrastructure Trust plc
First day of dealings
Octopus Renewables Infrastructure Trust plc is pleased to announce the commencement of dealings in its ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at 8.00 am today on the premium segment of the main market of the London Stock Exchange and admission to the premium segment of the Official List of the Financial Conduct Authority ("Admission"). The Ordinary Shares will trade under the ticker "ORIT".
As announced on 6 December 2019, the Company successfully raised gross proceeds of £350 million through the first placing, offer for subscription and intermediaries offer (the "First Issue") of Ordinary Shares. 349,999,999 Ordinary Shares were issued pursuant to the First Issue at a price of 100 pence per Ordinary Share. Of these, 258,567,214 Ordinary Shares were issued under the first placing, 36,647,264 Ordinary Shares were issued under the offer for subscription and 54,785,521 Ordinary Shares were issued under the intermediaries offer.
The Company's issued share capital immediately following Admission will comprise 350,000,000 Ordinary Shares and this is the total number of Ordinary Shares with voting rights in the Company. This figure (350,000,000) should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For further information please contact:
Octopus Investments Limited (Investment Manager)
Matt Setchell, Chris Gaydon
Peel Hunt (Sole Sponsor, Broker, Placing Agent and Intermediaries Offer Adviser)
Liz Yong, Luke Simpson, Tom Pocock (Corporate Broking)
Mark Thompson, Chris Bunstead (Sales)
Sohail Akbar, Alastair Rae, Rory James-Duff (Intermediaries)
020 7418 8900
Buchanan (Financial PR)
Charles Ryland, Kelsey Traynor
020 7466 5000
This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America. This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.
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