20th Nov 2015 18:38
LONDON (Alliance News) - McCarthy & Stone PLC, a retirement housebuilder, on Friday said that an option has been exercised for the sale of 28.0 million shares in addition to the 186.9 million sold in its initial public offering.
Together, the shares equate to 40% of the 537.3 million currently in issue.
All shares were sold at 180 pence per share.
The company joined the main market of the London Stock Exchange on November 11.
Shares in McCarthy & Stone closed up 0.2% at 223.38 pence on Friday.
By Samuel Agini; [email protected]; @samuelagini
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