Interactive Investor

ThomasLloyd Energy Impact Trust plc Share Offer

This offer is now closed for applications through interactive investor

Results of Initial Public Offering

  • The Issue Price was set at US$1.00 per Share.

  • The Sterling equivalent issue price has been fixed at 75.8 pence per share, based on the Relevant Sterling Exchange Rate of 1.3190

  • ThomasLloyd Energy Impact Trust plc (TLEI) has successfully raised gross proceeds of $115.4 million through its Initial Placing, Offer for Subscription and Intermediaries Offer.

  • Application has been made for 115,393,127 Ordinary Shares to be admitted to trading on the London Stock Exchange's main market.

  • Allocations have been met in full, meaning customers will receive 100% of the amount they applied for, rounded down to the nearest share.

  • Share allocations and uninvested cash are being credited today (Friday 10 December 2021). Confirmation of allocations will be sent once the shares are showing on accounts.

  • Please note the allocation policy was set by TLEI and not Interactive Investor.

Offer period

  • The Offer Period for the ThomasLloyd Energy Impact Trust plc closed at 9am on Thursday 9 December 2021.

Trading starts

  • Admission and unconditional dealing in the Shares is expected to commence at 8am on Tuesday 14 December 2021. There is no conditional dealing period.
  • When admitted to trading, the new Shares will be registered with SEDOL (Stock Exchange Daily Official List) number BLBJFZ2 and trade under the symbol "TLEI".
  • If you buy or sell ThomasLloyd Energy Impact Trust plc Shares after admission the relevant share dealing rate will apply.

Sue Inglis, Chair of the Board, ThomasLloyd Energy Impact Trust, said:

"We are delighted to be listing the ThomasLloyd Energy Impact Trust with an expected market capitalisation of $150 million - the first ever dedicated offering on the London Stock Exchange, providing direct access to sustainable real assets in fast-growing and emerging economies in Asia. This reaffirms the increasing appetite for real impact investment solutions that truly make a difference. ThomasLloyd has a demonstrable and successful track-record in this area, having invested exclusively in sustainable energy infrastructure in high growth and emerging markets in Asia for over a decade. We have attracted several high profile investors for the Trust, including large British and European investors, as well as the UK Government via its MOBILIST initiative and have a strong base on which to build and grow the Trust."

Key information

Issue price per share:US$1.00
Minimum investment:£1,000 (multiples of £1 thereafter)
Stock ticker:TLEI
SEDOL:BLBJFZ2

Expected timetable

Offer open:19 November 2021
Offer close:9 December 2021 (1pm)
Result announced:10 December 2021
Unconditional dealing starts:14 December 2021 (8am)

This website is issued by, and is the sole responsibility of, Interactive Investor Services Limited. This website is an advertisement and not a Prospectus. Any application to participate in the Offer can and will only be made on the basis of the Prospectus, together with any supplements thereto. It should be remembered that the price of the shares can go down as well as up and that investors may not receive, on the sale or cancellation of the shares, the amount that they invested. If you are in any doubt about the contents of this document or the Prospectus, you should consult your accountant, legal or professional adviser or financial adviser.

Interactive Investor Services Limited uses the ThomasLloyd Energy Impact Trust plc Prospectus in accordance with the Company's consent and the conditions set out in the ThomasLloyd Energy Impact Trust plc Prospectus.

Investing in IPOs carries a high degree of risk. If you are unsure of the suitability of an investment please seek Financial Advice. You are not guaranteed to make a profit, the value of your investments can go down as well as up. You may not get back all the money you invest. Any notification of an IPO on our website is not an endorsement of the issue, nor is it solicitation for interest in the issue. Investment in the Company should not be regarded as short-term in nature. You should consider carefully all of the information set out in the Prospectus, including all the risks attached to investing in the Company before you apply.

"ThomasLloyd Energy Impact Trust plc" and the ThomasLloyd Energy Impact Trust plc logo are reproduced by kind permission of ThomasLloyd Energy Impact Trust plc. All rights reserved.

This announcement has been published by Interactive Investor Services Limited.

This announcement has been prepared and is the sole responsibility of Interactive Investor Services Limited of 201 Deansgate, Manchester, M3 3NW, which is an authorised person for the purposes of the Financial Services and Markets Act 2000.