20th Mar 2018 16:37
The company, which raised the money to acquire a portfolio of assets, issued 58.3 million shares at a price of
The placing price was at a discount of 2.76% to the intra-day price at 1315 GMT, being the time the placing price was agreed.
"We are delighted by the support for this placing from both existing and new investors and we are confident that the new funds will be a key factor in generating increased future returns for all shareholders through the acquisition of the target pipeline," Chief Executive Andrew Coombs said.
Sirius Real earlier in the day said the proceeds will go towards the acquisition of a portfolio of five assets, which could be acquired for
Shares in the
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Sirius Real Estate