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Investegate |Gore Street Energy Announcements | Gore Street Energy: PrimaryBidOffer Oversubscribed Placing RemainsOpen
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Investegate |Gore Street Energy Announcements | Gore Street Energy: Acquisition, Pipeline Update, Proposed Fundraise
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On 18 March 2021, UIL Finance Limited, a wholly owned subsidiary of UIL Limited, published a prospectus, as amended by the Supplementary Prospectus published on 25 March 2021, containing, inter alia, details of the following proposals: · a rollover offer of 2022 ZDP Shares into 2028 ZDP Shares (the Rollover Offer ); · a placing, intermediaries offer and offer for subscription of up to 25 million 2028 ZDP Shares (less the number of 2028 ZDP Shares arising on the conversion of 2022 ZDP Shares pursuant to the Rollover Offer) (the Initial Issue ); and · a placing programme of up to 25 million 2028 ZDP Shares (less the number of 2028 ZDP Shares arising pursuant to the Rollover Offer and issued pursuant to the Initial Issue) (the Placing Programme ).
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