Peel Hunt are acting as Sole Sponsor, Financial Adviser, Broker and Book Runner to Telecom Plus PLC on its proposed acquisition of Electricity Plus Supply Limited and Gas Plus Supply Limited for an aggregate consideration of £218m to be funded from a combination of a Firm Placing and a Placing and open Offer to raise £130m and new Debt Facilities of £100m, as announced on 20 November, 2013.
