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Pennon Group Closes 7 For 15 Rights Issue Of About 220.3 Million Shares At 250 Pence Per Share

By Reuters News

Oct 27 (Reuters) - Pennon Group PLC PNN.L:

  • PENNON GROUP PLC - RESULTS OF RIGHTS ISSUE

  • PENNON GROUP - CLOSES 7 FOR 15 RIGHTS ISSUE OF ABOUT 220.3 MILLION SHARES AT 250 PENCE PER SHARE

  • PENNON: RECEIVED VALID ACCEPTANCES FOR ABOUT 94.229% OF TOTAL NEW SHARES TO BE ISSUED

  • PENNON GROUP - UNDERWRITERS TO PROCURE SUBSCRIBERS FOR ABOUT 12.7 MILLION SHARES AT RIGHTS ISSUE PRICE

Further company coverage: PNN.L

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