N+1 Singer: SDCL Energy Efficiency Income Trust (SEIT) – Result of Placing

General/ 12 February 2021
  • “increase the size of the Placing to £160 million [from £100m]. Accordingly, the Placing will result in the issue of 150.9 million New Ordinary Shares at the Placing Price of 106 pence per share. Notwithstanding the increased size of the Placing, applications for the New Ordinary Shares exceeded the total number of shares to be issued and accordingly a scaling back exercise has taken place.”