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Ecofin continuation vote fixed for 14 June

The Board of Ecofin Power & Water Opportunities has announced that the continuation vote referred to in the Chairman’s statement in the company’s annual report will take place at a General Meeting expected to be held on Tuesday, 14 June, 2016.

As explained in the Chairman’s statement in the annual report, the Board is currently considering Ecofin Power & Water’s investment remit, objectives and policy following the maturity of its outstanding Convertible Unsecured Subordinated Loan Stock and Zero Dividend Preference Shares on Sunday, 31 July, 2016.  The Board is also considering simplifying the Company’s capital structure and reducing its gearing.  The Board will consult with the Company’s largest shareholders to ascertain their views later this month.

After the shareholder consultation and prior to the meeting, the Board will make an announcement about the Company’s plans and proposed future capital structure and will write to Shareholders setting these out in detail.

ECWO : Ecofin continuation vote fixed for 14 June

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