Home REIT raises £350m

Oversubscribed

clock • 1 min read
Home REIT's new issue was oversubscribed
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Home REIT's new issue was oversubscribed

Home REIT, a provider of accommodation to the homeless, has raised £350m in an oversubscribed fundraising.

The board originally targeted £262m, but after the oversubcription will now issue 321,100,917 new ordinary shares at an issue price of 109 pence per share. A stock exchange announcement said that even...

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