Application for admission of shares
, category: Capital structure
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07 February 2014
GCP Infrastructure Investments Limited ("GCP" or the "Company")
Application for admission of shares pursuant to the Scheme
An announcement was made on 20 December 2013 regarding the scheme of arrangement whereby the Company will acquire the shares that it does not already own in its subsidiary, GCP Infrastructure Fund Limited (the "Scheme"). The Scheme is now effective and application has been made for 49,151,762 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") to be admitted to the Official List and to trading on the Main Market of the London Stock Exchange ("Admission"). These Ordinary Shares are to be issued to minority shareholders of GCP Infrastructure Fund Limited under elections made pursuant to the Scheme ("Option A Shares"). It is expected that dealings in the Option A Shares will commence at 8.00 am on 10 February 2014.
In addition, application has also been made for 23,590,600 Ordinary Shares to be admitted to the Official List and to trading on the Main Market of the London Stock Exchange. These Ordinary Shares are to be issued to a new open-ended investment company (the "New OEIC") under elections made pursuant to the Scheme ("Option B Shares"). It is expected that dealings in the Option B Shares will commence at 8.00 am on 11 February 2014.
Effective from 10 February 2014, following Admission of Option A Shares, the Company's share capital will consist of 331,187,468 Ordinary Shares, each Ordinary Share conferring upon the holder one vote.
Effective from 11 February 2014, following Admission of Option B Shares, the Company's share capital will consist of 354,778,068 Ordinary Shares, each Ordinary Share conferring upon the holder one vote.
These figures may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure and Transparency Rules.
Contact details:
Gravis Capital Partners LLP
Stephen Ellis +44 (0)20 7518 1495
Rollo Wright +44 (0)20 7518 1493
Oriel Securities +44 (0)20 7710 7600
Neil Winward
Mark Bloomfield
Tunga Chigovanyika
Cenkos Securities
Dion Di Miceli +44 (0)20 7397 1921
Tom Scrivens +44 (0)20 7397 1915
Buchanan +44 (0)20 7466 5000
Charles Ryland
Sophie McNulty
This information is provided by RNS