Offer for HEIT by PP Bidco Limited ("BidCo")

A newly formed company indirectly and wholly controlled by two funds within the portfolio of funds managed by Foresight Group LLP

Announcements

         Wednesday, 16th April 2025 17:00

          Wednesday, 3rd April 2025 07:00

 

Financing 

Equity Commitment Letter from Foresight to PP BidCo - 16 April 2024

Funding Agreement between Blackmead Infrastructure and PP BidCo - 16 April 2025

Offer Related Arrangements

Confidentiality Agreement between Foresight and Harmony Energy Advisors - 5 August 2024

Standstill Agreement between Foresight and HEIT - 5 November 2024

Consent Letter

Consent Letter given by Panmure Liberum - 16 April 2025

Consent Letter given by RBC Europe - 15 April 2025

Consent Letter given by Stifel Nicolaus Europe - 16 April 2025

Letter of Intent

Non-binding Letter of Intent given by Schroder & Co. - 16 April 2025

Irrevocable Undertakings 

1.    Irrevocable from Harmony Energy Limited – 16 April 2025
2.    Irrevocable from Ritchie-Bland Energy (Number 2) Ltd – 16 April 2025 
3.    Irrevocable from Peter Kavanagh – 16 April 2025
4.    Irrevocable from Alexander Maxwell Slade – 16 April 2025
5.    Irrevocable from Peter Grogan – 16 April 2025
6.    Irrevocable from Alexander Thornton – 16 April 2025
7.    Irrevocable from PrimeStone Capital LLC – 16 April 2025
8.    Irrevocable from Newton Investment Management Limited – 16 April 2025
9.    Irrevocable from Nicholas Norman Cournoyer – 16 April 2025
10.    Irrevocable from Church House Investments Limited – 16 April 2025
11.    Irrevocable from TrinityBridge Limited – 16 April 2025
12.    Irrevocable from Dowgate Wealth Limited – 16 April 2025
13.    Irrevocable from Forest Nominees Limited – 16 April 2025

Contacts

Harmony Energy Income Trust plc

Norman Crighton, Chairman

Via Panmure Liberum Ltd

 

Panmure Liberum Ltd

Sole Financial Adviser, Rule 3 Adviser and Joint Broker to HEIT
Tel: +44 (0)20 3100 2222

Corporate Finance:
  • Chris Clarke
  • Darren Vickers
  • Will King
M&A:
  • Tim Medak

 

Stifel Nicolaus Europe Limited

Joint Broker to HEIT
Tel: +44 (0)20 7710 7600

  • Mark Young
  • Edward Gibson-Watt
  • Rajpal Padam
  • Madison Kominski

 

Camarco

PR Advisers to HEIT
Tel: +44 (0)20 3757 4980

  • Eddie Livingstone-Learmonth
  • Andrew Turner

 

Foresight

For enquiries regarding Foresight, please contact:
Tel: +44 (0)20 3667 8100

  • Richard Thompson
  • Ben Williams

 

H-Advisors Maitland

PR Advisers to Foresight

  • Sam Turvey - Tel: +44 (0)782 783 6246
  • Weronika Slomka - Tel: +44 (0)772 158 1427
  • Daisy Padovan - Tel: +44 (0)782 586 1759
  • Sam Cartwright - Tel: +44 (0)782 725 4561

 

RBC Capital Markets

Financial Adviser to Foresight
Tel: +44 (0)20 7653 4000

  • Mark Rushton
  • Ross Board
  • Matthew Coakes
  • Samuel Jackson