4th Dec 2015 16:03
LONDON (Alliance News) - Ranger Direct Lending Fund PLC said Friday that it has raised GBP14.1 million in a share placing of 1.35 million shares at a price of 1,045 pence each.
Shares in the company were trading down 0.3% at 1,041.46 pence Friday afternoon. The issued shares represent around a 9.99% stake in the company prior to the issue. Upon admission funds managed by Invesco Asset Management Ltd will have a 34.9% stake in the company, with an interest in 5.2 million shares.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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