Listed energy company Greencoat Renewables has announced a share placing of €100m. The placing comes under Greencoat’s 350 million share issuance programme, launched in November 2019, of which a balance of around 239 million ordinary shares remains available for issue. Ronan Murphy intends to participate in the placing, subscribing for approximately €25,000 worth of placing shares. Following completion of the placing, he will hold circa 192,694 ordinary shares, representing about 0.03pc of the enlarged issued ordinary share capital of the company. Marco Graziano, who is also a director of Greencoat, intends to participate in the placing by subscribing for approximately 65,000 placing shares.

Source: Irish Independent November 26, 2020 07:52 UTC