Premier Miton Global Renewables Trust Plc: £14.2 million ZDP Rollover and Placing
PGIT Securities 2020 plc, a wholly owned subsidiary of Premier Miton Global Renewables Trust plc, is pleased to announce that pursuant to the ZDP Rollover Election by the Existing ZDP Shareholders and Placing, PMGR Securities 2025 plc has raised a total of £14.2 million from a combination of the rollover from existing ZDP shareholders of £10.8 million and the Placing of £3.3 million.
Dealings in the New ZDP Shares of PMGR Securities 2025 plc are expected to commence on 1 December 2020. The New ZDP Shares will trade using the ticker ‘PMGZ’.
Singer Capital Markets are acting as Financial Adviser and Broker to Premier Miton Global Renewables Trust plc.
About Premier Miton Global Renewables Trust plc
PMGR’s investment objectives are to achieve a high income and to realise long-term growth in the capital value of its portfolio. The Company will seek to achieve these objectives by investing principally in the equity and equity-related securities of companies operating primarily in the renewable energy sectors, as well as other sustainable infrastructure investments.
Market Cap: £27.31 million*
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*As at 27/11/2020