Share Name Share Symbol Market Type Share ISIN Share Description
Downing Renewables & Infrastructure Trust Plc LSE:DORE London Ordinary Share GB00BLF7PP25 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 112.00 111.00 112.00 10,675 08:22:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 5.0 2.8 2.6 43.1 153

Downing Renewables & Infrastructure Trust Raises More Than Expected in Discounted Placing

23/06/2022 9:26am

Dow Jones News

Downing Renewables & Inf... (LSE:DORE)
Historical Stock Chart

From May 2022 to Jun 2022

Click Here for more Downing Renewables & Inf... Charts.

By Kyle Morris


Downing Renewables & Infrastructure Trust PLC said Thursday that it has raised around 52.9 million pounds ($64.9 million) via a discounted share-placing, an open offer and a subscription, beating its expectation.

The U.K.-based trust said the proceeds will be used to repay its revolving credit facility and to invest in its pipeline of near-term opportunities.

The company said it received applications for 47.6 million shares at a price of 111 pence apiece, exceeding the target size of the initial issue.

On June 7, the company said it planned to raise around GBP50 million via a discounted share-placing, an open offer and a subscription.

Shares in Downing Renewables & Infrastructure Trust at 0734 GMT were down 1.00 pence, or 0.9%, at 110.50 pence.


Write to Kyle Morris at


(END) Dow Jones Newswires

June 23, 2022 04:11 ET (08:11 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Downing Renewables & Inf... Chart

1 Year Downing Renewables & Inf... Chart

1 Month Downing Renewables & Inf... Chart

1 Month Downing Renewables & Inf... Chart
ADVFN Advertorial
Your Recent History
Downing Re..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220630 07:55:00