Greencoat UK Wind (UKW)

UKW announced an Initial Placement this morning with the addition shares at a discounted price.

Will T212 be purchasing any of these shares at the discounted price and passing on that discount?

Michael

I doubt they will, requires additional administration for what will probably be a small quantity of interested investors.

Depending on how much you are looking to invest (few hundred) the premium to the 131p offering has dropped to about 3p per share so that is something at least? Obviously if investing thousands then the 3p adds up.

Iā€™m tempted to top up myself as the offering money will be invested in further cash flow generating assets so NAV and DPS should continue to increase over time.