New Europe Property raises R695m in book build
2013-11-29 · Industrial Developments news
New Europe Property Investments (NEP) raised R695m via an accelerated book build on Thursday‚ which was substantially oversubscribed.
The new NEPI shares were priced at R77 each‚ a 3.6% discount to the five-day volume weighted average price and a 3.8% discount to Wednesday’s R80 closing price. Nine-million new NEPI shares will be listed on the JSE next Friday.
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