20 November 2015
Premier Energy and
Water Trust PLC (the “Company”)
Publication of
Prospectus
Further to the announcement released earlier today by PEWT
Securities plc, the Company is pleased to announce that its wholly
owned subsidiary, PEWT Securities 2020 plc, has today published a
Prospectus, which has been approved by the UK Listing Authority, in
connection with:
- the issue of New ZDP Shares at an issue price of 100p per New
ZDP Share in connection with a scheme of reconstruction of PEWT
Securities plc (the “Scheme”) and a Placing; and
- a Placing Programme of New ZDP Shares.
The Proposals are conditional upon, among other things, the
Scheme becoming effective. The Scheme Effective Date is expected to
be on or around 31 December 2015 and
Admission is expected to occur on or around 4 January 2016.
A copy of the Prospectus will be submitted to the National
Storage Mechanism and will shortly be available for inspection at:
http://www.morningstar.co.uk/uk/NSM and on the Company's website:
https://www.premierfunds.co.uk/investors/investments/investment-trusts/premier-energy-and-water-trust.
Capitalised terms used but not defined in this announcement have
the meanings set out in the Prospectus dated 20 November 2015.
-The End -
Enquiries:
Premier Fund
Managers Limited
Nigel Sidebottom
James Smith
Claire Long |
+ 44 (0) 1483 30 60
90
|
N+1 Singer
James Maxwell
Liz Yong
Tom Smale |
+ 44 (0) 20 7496 3000 |