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IN BRIEF: Triple Point Social Housing Raises GBP55 Million In Placing

21st Oct 2020 19:32

Triple Point Social Housing REIT PLC - London-based real estate investment trust - Raises GBP55 million through the issue of 51.9 million shares at a price of 106 pence each.

Trust has received valid acceptances from shareholders for 14.7 million shares under open offer and 1.1 million shares under share subscription.

Stifel Nicolaus Europe Ltd acted as financial adviser, sponsor, global coordinator and bookrunner, while Akur Ltd was financial adviser.

Now has 403.2 million shares issued overall.

Current stock price: 108.00 pence

Year-to-date change: up 20%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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