Premier Energy and Water Trust has announced that it has published a prospectus in connection with a placing programme. Shareholders approved the scheme, which allows for the company to issue up to 20m shares, at a general meeting on 19 April 2016. The company’s board say that it will enable them to promptly respond to investor demand and conduct future fund raises, until 19 April 2017, in a cost efficient manner and without the need to convene an additional general meeting. The Company says that it will publish announcements in due course setting out the timetable for each placing, together with the placing programme price for each such placing.
Premier Energy and Water Trust is looking to grow : PEW