TIDMPINT
RNS Number : 2599R
Pantheon Infrastructure PLC
05 July 2022
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR
INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, NEW
ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF
THE EEA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION,
DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.
PANTHEON INFRASTRUCTURE PLC
Exercise of Subscription Rights
and
Total Voting Rights
5 July 2022
Pantheon Infrastructure PLC ("PINT" or the "Company"), the
listed global infrastructure fund, announces that following the
exercise of Subscription Rights and payment of the Subscription
Price (being 101 pence per Ordinary Share) in respect of 36,509,658
Subscription Shares on 30 June 2022, 36,509,658 Subscription Shares
have conditionally converted into 36,509,658 Ordinary Shares (the
"New Ordinary Shares"). The conversion has occurred conditional
upon admission of the New Ordinary Shares to the premium segment of
the Official List and to trading on the Main Market of London Stock
Exchange plc ("Admission").
All Directors of the Company exercised their Subscription Rights
at the Subscription Price and are included in the figures above.
Conditional upon Admission, the Directors will hold the following
shares in the Company:
Director: Ordinary Shares Held: % of Issued Share
Capital:
Vagn Ove Sørensen 120,000 0.0275
Patrick O'Donnell
Bourke 60,000 0.0137
Andrea Finegan 30,000 0.0069
Anne Baldock 30,000 0.0069
Application has been made for Admission, which is expected to
occur at 8:00 a.m. on 13 July 2022. Following Admission, the New
Ordinary Shares will rank pari passu with the existing Ordinary
Shares in issue.
Total Voting Rights
On Admission, the Company's issued share capital will comprise
436,509,658 Ordinary Shares each carrying one vote per share and
43,490,342 outstanding Subscription Shares.
Shareholders should use 436,509,658 as the denominator for the
calculations by which they should determine whether or not they are
required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
Further Subscription Share Exercise Opportunities
There remain two further opportunities for Subscription
Shareholders to exercise their Subscription Rights, including the
Final Subscription Date of 31 August 2022. The Subscription Price
per Ordinary Share payable on the exercise of the Subscription
Rights is 101 pence. The timetable of relevant dates for the
exercise of any remaining Subscription Shares is detailed
below:
Subscription Date The latest date for Proposed admission
receipt of the Subscription date of new Ordinary
Notice Shares (all at 8.00
a.m.)*
29 July 2022 1.00 p.m. on 29 July 11 August 2022
2022
----------------------------- ----------------------
31 August 2022 1.00 p.m. on 31 August 9 September 2022
2022
----------------------------- ----------------------
* Any change to the proposed admission dates will be notified by
the Company via a Regulatory Information Service.
Further details on the Subscription Shares and the process for
subscription can be found in the Company's prospectus dated 13
October 2021 (the "Prospectus"), available on the Company's website
(www.pantheoninfrastructure.com).
Copies of the Supplementary Subscription Notice (for use by (a)
any holder of Subscription Shares with a registered address in the
UK who is holding Subscription Shares on behalf of a person whose
registered address is not in the UK; and (b) any holder of
Subscription Shares whose registered address is not in the UK) are
available for download from the Company's website.
Capitalised terms used in this announcement and not otherwise
defined herein shall have the same meaning attributed to them in
the Prospectus.
LEI 213800CKJXQX64XMRK69
For further information, contact:
Link Company Matters Limited pintcosec@linkgroup.co.uk
Notes to editors
PINT
PINT is a closed-ended investment company and an approved UK
Investment Trust, listed on the Premium Segment of the London Stock
Exchange's Main Market. The independent Board of Directors of PINT
have appointed Pantheon, one of the leading private markets
investment managers globally, as investment manager. PINT aims to
provide exposure to a global, diversified portfolio of high-quality
infrastructure assets through building a portfolio of direct
co-investments in infrastructure assets with strong defensive
characteristics, typically benefitting from contracted cash flows,
inflation protection and conservative leverage profiles.
Pantheon
Pantheon is a leading global private equity, infrastructure
& real assets, private debt and real estate investor with 40
years' experience sourcing and executing private market investment
opportunities on behalf of clients. Pantheon has $84.6. billion in
assets under management and advice (as at 31 December 2021) and
employs approximately 400 staff, including more than 115 investment
professionals across offices in London, San Francisco, New York,
Chicago, Hong Kong, Seoul, Bogotá, Tokyo, Dublin and Berlin.
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END
IOEBKQBNPBKDAOK
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