idpickering wrote:Result of the Issue and Primary Bid Offer.· £277.3 million raised through the issue of 210,104,535 New Ordinary Shares, being the maximum permitted under the Company's tap authority
· Strike price of 132p per Share
· Proceeds to be used for the completion of the acquisition of Hornsea One and repaying drawings under the RCF
Further to its announcement of 17 March 2022, the Board of TRIG is pleased to announce that the Company has raised gross proceeds of approximately £277.3 million through the issue (by way of placing) of 210,104,535 new ordinary shares in the capital of the Company (the "New Ordinary Shares"), being the maximum available under the Company's general authority to disapply pre-emption rights taken at the last AGM, at a price of 132p (the "Strike Price") per New Ordinary Share (the "Issue"). There was strong institutional and retail demand for the Issue, at a range of prices, and applications have been scaled back at the Strike Price.
The Company will issue 206,156,691 New Ordinary Shares pursuant to the Issue and 3,947,844 New Ordinary Share pursuant to the PrimaryBid Offer.
https://www.investegate.co.uk/renew-inf ... 23229436F/
Looking at the price on the day after...
To buy: 1.3228 plus £1 levy (fees covered) so that looks like it would cost me £29 to buy just how many I want and in the place that I want so it's make my mind up time