HgCapital Trust to fund growth with £80m capital raise

London fotolia
By Aidan Gregory
10 Jun 2019

HgCapital Trust, the UK investment firm focused on unquoted investments, has unveiled plans to raise £80m of fresh capital to finance its pipeline of investments.

Numis Securities is bookrunner on the placing.

In a regulatory filing, HgCapital Trust said it would offer up to 37.2m new shares, a 10% capital increase, at an offer price of 217.1p a share. That is a premium of 1.1% to its last published net asset value ...

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