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Custodian REIT Raises More Than Target In Share Placing (ALLISS)

13th Feb 2015 08:47

LONDON (Alliance News) - Custodian REIT PLC on Friday said it has raised GBP22.4 million via a share issue, above its initial target following strong investor interest.

The group is issuing 21.5 million shares at 104 pence per share to raise GBP22.4 million, above the GBP20 million it had originally targeted in the fundraising.

Shares in Custodian REIT were untraded on Friday, having last traded at 105.50 pence.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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