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IN BRIEF: Urban Logistics REIT directors take part in fundraise

13th Jul 2021 13:44

Urban Logistics REIT PLC - real estate investment trust focused on UK industrial properties - Independent Non-Executive Chair Nigel Rich buys 75,000 shares and Non-Independent Non-Executive Director Richard Moffitt buys 64,516 shares, as part of company's recent share placing. On Friday last week, Urban Logistics said it raised GBP108.3 million in an oversubscribed placing of 65.9 million shares at 155 pence each in order to "capture a pipeline of attractive assets". Rich now has 440,536 shares and Moffitt 462,878.

Current stock price: 166.00p

Year-to-date change: up 16%

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Urban Logistics
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