skip to content

Market News

HICL to proceed with fundraising

12 January 2017 15:27

HICL Infrastructure Co Ltd says it intends to proceed with a placing, open offer and offer for subscription of ordinary shares during the first quarter of this year. As noted in its announcement of last week, the company currently has a funding surplus of around £6m, but also has commitments of approximately £200m in aggregate in respect of conditional acquisitions which are expected to complete during the first half of 2017.

The pipeline of potential new acquisitions remains healthy and the investment adviser, InfraRed Capital Partners, is confident that further attractive investment opportunities will arise in the coming months.

At 3:27pm: (LON:HICL) HICL Infrastructure Co Ltd share price was -1.45p at 161.35p

Story provided by StockMarketWire.com

Related Company: HICL

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.