Capital & Counties raise GBP258m

2014-05-15 · Industrial Developments news

Property group Capital & Counties (CCO) has raised £258m through the issuing of 75.9m new ordinary shares of 25p each.

Shares have been issued at 340p per placing share and rand placing shares at R59.10.

They represent approximately 9.99% of the issued ordinary share capital. The issue price of the sterling placing was at a discount of 2.6% to the closing share price on May 13.

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