Tritax Big Box REIT issues retail offer shares

Offer is made in addition to a placing of ordinary shares

clock • 1 min read
Tritax Big Box REIT is issuing retail shares
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Tritax Big Box REIT is issuing retail shares

Tritax Big Box REIT’s board of directors has proposed a placing of ordinary shares and a separate offer of ‘retail offer shares’ to raise gross proceeds of approximately £300m.

The total number of placing shares, retail offer shares and ordinary shares being issued are expected to represent 8% of the existing issued ordinary share capital. The new ordinary shares will be entitled...

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