Brief: HICL Infrastructure Announces Combination of HICL and The Renewables Infrastructure Group
17/11/2025 07:33
Nov 17 (Reuters) - HICL Infrastructure PLC HICL.L: HICL INFRASTRUCTURE RENEW INFRA GRP LD - COMBINATION OF HICL AND TRIG HICL: INITIAL DIVIDEND TARGET OF 9.0 PENCE PER SHARE & TARGET NAV TOTAL RETURN OF OVER 10 % PER ANNUM OVER MEDIUM TERM HICL: TRIG SHAREHOLDERS WILL HAVE OPTION TO ELECT FOR A PARTIAL CASH EXIT OF UP TO £250 MILLION IN AGGREGATE HICL: HICL SHAREHOLDERS ARE EXPECTED TO HOLD APPROXIMATELY 56 PER CENT. AND TRIG SHAREHOLDERS APPROXIMATELY 44 PER CENT. OF COMBINED CO Source text: ID:nRSQ7650Ha Further company coverage: HICL.L ((Reuters.Briefs@thomsonreuters.com))
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