1 Dec 2015 15:53
ECOFIN WATER & POWER OPPORTUNITIES PLC (the "Company")
Conversion of CULS
The Company announces that the Directors of the Company have today allotted a total of 2,316 Ordinary Shares in the capital of the Company in connection with an election by holders of the Company's 6% Convertible Unsecured Subordinated Loan Stock 2016 ("Loan Stock") to convert 4,000 nominal Loan Stock into 2,316 Ordinary 0.1p Shares ("Ordinary Shares") in the period to 30 November, 2015.
As a result of the above conversion, there are now 210,448,922 Ordinary Shares in issue, of which 568,409 are held in Treasury and 79,826,923 units of Loan Stock outstanding. The Loan Stock does not carry any voting rights. The voting rights attaching to the Ordinary Shares in issue total 209,880,513 votes.
Applications have been made for the new Ordinary Shares to be admitted to the Official List of the UK Listing Authority and for admission to trading on the main market of the London Stock Exchange. Dealings are expected to commence on or around 7 December, 2015. The new Ordinary Shares will rank, pari passu, with the existing Ordinary Shares of the Company.
BNP Paribas Secretarial Services Limited
Company Secretary
1 DECEMBER, 2015