StockMarketWire.com - Gresham House detailed plans to place shares at a discount to raise funds to provide capital for further investments.

The company said it planned to place up to 56,162,000 shares at a price of 103p a share, representing a discount of 1.9% to the closing middle market price of 105p a share at the close of business on 2 Oct.

The placing would launch immediately following the announcement and would close at 12 noon on 10 Oct, the company said.

The company said it expected to have up to 229MW in operational projects by the end of the first quarter 2020.


At 9:43am: [LON:GRID] share price was 0p at 105p



Story provided by StockMarketWire.com