Ediston Property Investment Raises Funds At Premium (ALLISS)

LONDON (Alliance News) - Ediston Property Investment Co PLC on Monday said it has raised around ...

Alliance News 19 June, 2017 | 11:09AM
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LONDON (Alliance News) - Ediston Property Investment Co PLC on Monday said it has raised around GBP728,000 by issuing shares equal to a 0.5% stake in the business at a premium to the closing share price on Friday.

Ediston Property said it issued 650,000 shares at 112.0 pence each, subject only to listing. The shares represent 0.5% of the enlarged issued share capital of 131.0 million shares.

Shares were up 0.7% at 110.25 pence on Monday.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Ediston Property Investment Company 112.00 GBX -0.33 -
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