18th Jun 2015 11:10
LONDON (Alliance News) - Standard Life Investments Property Income Trust Ltd Thursday said it has raised GBP9.3 million under plans to issue shares to investors.
The company is issuing 11.6 million new shares at 80.25 pence each.
It is issuing as many shares as it can without having to publish a prospectus.
Last week, the company had said it would seek to raise about GBP9 million.
Shares in the company were up 0.1% at 84.04p on Thursday just after midday.
By Samuel Agini; [email protected]; @samuelagini
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