Harmony Energy Income Trust PLC First day of dealings (7227R)

TIDMHEIT

RNS Number : 7227R

Harmony Energy Income Trust PLC

09 November 2021

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER TO ISSUE OR SELL, OR ANY SOLICITATION OF ANY OFFER TO SUBSCRIBE OR PURCHASE, ANY INVESTMENTS IN ANY JURISDICTION. PLEASE SEE THE SECTION ENTITLED "IMPORTANT LEGAL INFORMATION" AT THE OF THIS ANNOUNCEMENT.

9 November 2021

Harmony Energy Income Trust plc

("HEIT" or the "Company")

First day of dealings

Further to the announcement on 5 November 2021, Harmony Energy Income Trust plc is pleased to announce 210,000,000 Ordinary Shares will today be admitted to the Specialist Fund Segment of the Main Market of the London Stock Exchange ("Admission"). The Ordinary Shares will trade under the ticker "HEIT" (ISIN: GB00BLNNFY18 ).

The total number of Ordinary Shares in issue immediately following Admission is 210,000,000 and this is the total number of Ordinary Shares with voting rights in the Company. The figure 210,000,000 should 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules. When informing the Company, shareholders should send all such notifications to [e-mail] .

Director and Harmony Group participation in the Initial Issue

The Directors of the Company participated in the Initial Issue, further details of their participation are set out in the table below. In addition, senior management of the Harmony Group, comprising Peter Kavanagh, James Ritchie, Max Slade, Pete Grogan and Alex Thornton (or their associates), have subscribed for approximately 2.5 million Ordinary Shares in aggregate.

 
Berenberg 
 Investment Banking 
 Ben Wright 
 Gillian Martin 
 Ciaran Walsh 
 Dan Gee-Summons                      [phone] 
Camarco (PR adviser to the Company) 
 Ed Gascoigne-Pees 
 Eddie Livingstone-Learmonth 
 Frank Krikhaar                       [phone] 
 
 
Harmony Energy Advisors Limited 
 Paul Mason 
 James Ritchie 
 Max Slade 
 

IMPORTANT LEGAL INFORMATION

This announcement is not an offer to sell or a solicitation of any offer to buy any securities in the Company in United States, Canada, Australia, the Republic of South Africa, Japan or in any other jurisdiction where such offer or sale would be unlawful.

This announcement may not be published, distributed or transmitted by any means or media, directly or indirectly, in whole or in part, in or into the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. The securities mentioned herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "US Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and, subject to limited exceptions, will not be offered, sold, exercised, resold, transferred or delivered, directly or indirectly, in or into the United States or to, or for the account or benefit of, any US person (as defined under Regulation S under the US Securities Act). The Company has not been, and will not be, registered under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act") and, as such, holders of the Company's securities will not be entitled to the benefits of the Investment Company Act. No offer, sale, resale, pledge, delivery, distribution or transfer of the Company's securities may be made except under circumstances that will not result in the Company being required to register as an investment company under the Investment Company Act. No public offering of securities is being made in the United States.

Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy of this document. Any representation to the contrary is a criminal offence in the United States.

Neither this announcement nor any copy of it may be taken or transmitted into or distributed in Canada, Australia, Japan or the Republic of South Africa or any other jurisdiction in which the same would be unlawful or to any resident thereof. Any failure to comply with these restrictions may constitute a violation of the securities laws or the laws of any such jurisdiction. The distribution of this announcement in other jurisdictions may be restricted by law and the persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions. This announcement does not constitute an offer to sell, or the solicitation of an offer to acquire or subscribe, for securities in any jurisdiction where such offer or solicitation is unlawful or would impose any unfulfilled registration, qualification, publication or approval requirements on Harmony Energy Income Trust plc or Joh. Berenberg, Gossler & Co. KG, London Branch.

Moreover, the Company's securities will not be registered under the applicable securities laws of Australia, Canada, the Republic of South Africa, Japan or any member state of the European Economic Area (other than any member state of the European Economic Area where the Company's securities may be lawfully marketed). Subject to certain exceptions, the Company's securities may not be offered or sold in Australia, Canada, the Republic of South Africa, Japan or any member state of the European Economic Area (other than any member state of the European Economic Area where the Company's securities may be lawfully marketed) or to, or for the account or benefit of, any national, resident or citizen of, Australia, Canada, the Republic of South Africa, Japan or any member state of the European Economic Area (other than to professional investors in certain European Economic Area member states for which marketing approval has been obtained).

Joh. Berenberg, Gossler & Co. KG, London Branch ("Berenberg") is authorised by the German Federal Financial Supervisory Authority and in the United Kingdom is deemed authorised under the Temporary Permissions Regime and subject to limited regulation by the Financial Conduct Authority ("FCA") and is acting exclusively for the Company and for no one else in connection with the matters described in this announcement and will not be responsible to anyone (whether or not a recipient of this announcement) other than the Company for providing the protections afforded to clients of Berenberg or for affording advice in relation to the contents of this announcement or any matters referred to herein.

None of the Company, the Investment Adviser, Berenberg, or any of their respective affiliates, accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of the announcement or its contents or otherwise arising in connection therewith. The Company, the Investment Adviser and Berenberg, and their respective affiliates, accordingly disclaim all and any liability whether arising in tort, contract or otherwise which they might otherwise have in respect of this announcement or its contents or otherwise arising in connection therewith.

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                       i. N orman Crighton 
                                   ii. Janine Freeman 
                                   iii. Hugh McNeal 
                                   iv. William Rickett 
                                   v. Shefaly Yogendra 
     ---------------------  --------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status:            i. Chairman of Harmony Energy Income Trust 
                                   plc 
                                   ii. Non-Executive Director of Harmony Energy 
                                   Income Trust plc 
                                   iii. Non-Executive Director of Harmony 
                                   Energy Income Trust plc 
                                   iv. Non-Executive Director of Harmony Energy 
                                   Income Trust plc 
                                   v. Non-Executive Director of Harmony Energy 
                                   Income Trust plc 
     ---------------------  --------------------------------------------------- 
 b)   Initial notification   Initial 
       /Amendment: 
     ---------------------  --------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                   Harmony Energy Income Trust plc 
     ---------------------  --------------------------------------------------- 
 b)   LEI                    254900O3XI3CJNTKR453 
     ---------------------  --------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated 

       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     -------------------------------------------------------------------------- 
 a)   Description            Ordinary Shares of GBP0.01 par value 
       of the financial       ISIN: GB00BLNNFY18 
       instrument, 
       type of instrument 
       Identification 
       code 
     ---------------------  --------------------------------------------------- 
 b)   Nature of the          Purchase of Ordinary Shares 
       transaction 
     ---------------------  --------------------------------------------------- 
 c)   Price(s) and             Price(s)   Volume(s) 
       volume(s)                GBP1.00         i. 5,000 
                                                 ii. 5,000 
                                                 iii. 5,000 
                                                 iv. 5,000 
                                                 v. 5,000 
                                          ----------------- 
     ---------------------  --------------------------------------------------- 
 d)   Aggregated                              Volume 
       information                             i. 5,000 
       -Aggregated                             ii. 5,000 
       volume                                  iii. 5,000 
       - Price                                 iv. 5,000 
       - Total value                           v. 5,000 
                                               Price 
                                               GBP1.00 
                                               Total value 
                                               i. 5,000 
                                               ii. 5,000 
                                               iii. 5,000 
                                               iv. 5,000 
                                               v. 5,000 
     ---------------------  --------------------------------------------------- 
 e)   Date of the            9 November 2021 
       transaction 
     ---------------------  --------------------------------------------------- 
 f)   Place of the           London 
       transaction 
     ---------------------  --------------------------------------------------- 
 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMR's notification obligations under MAR have also been satisfied.

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November 09, 2021 02:00 ET (07:00 GMT)