Land Securities Group has announced that it has received valid acceptances for 275 million new ordinary shares, representing about 94.8% of the total number of new shares on offer in the 5-for-8 rights issue launched in February. The operation was designed to raise about EUR 860 mln.
Land Securities Group has announced that it has received valid acceptances for 275 million new ordinary shares, representing about 94.8% of the total number of new shares on offer in the 5-for-8 rights issue launched in February. The operation was designed to raise about EUR 860 mln.
Citigroup Global Markets UK Equity, JP Morgan Cazenove and UBS, as joint bookrunners, are seeking to procure subscribers for the balance of 15 million shares not taken up under the rights issue.
