May 24, 2017 / 6:48 AM / 2 months ago

BRIEF-HICL Infrastructure proposes to raise 205 mln stg through equity issuance

1 Min Read

May 24 (Reuters) - HICL Infrastructure Company Ltd :

* Board of HICL today announces proposal to raise 205 million stg through an issue of ordinary shares in capital of co

* Issue of equity by way of tap issuance

* Net proceeds of issue will be applied in addressing company's net funding requirement

* Intends to issue ordinary shares of 0.01 pence each in capital of company

* Net asset value per ordinary share as at 31 march 2017 149.0p Source text for Eikon: Further company coverage:

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