TigerLime – Student & Co-living Accommodation Services

Empiric secures £56m fundraise

October 17th 2024 - Posted by TigerLime

The capital was raised after 59,686,950 new shares were offered to the market, representing 9.9% of the strategy.

The company’s existing issued ordinary share capital was placed at a share price of 93p, raising £55.5m. Certain directors of the company also participated at this price.

In addition to these ‘placing shares’, 663,714 new ordinary shares – or ‘offer shares’ were placed on the market raising £600,000 …

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“TigerLime then executed a detailed action plan, maintained excellent reporting with us throughout the process and were fundamental to achieving the sale of the accommodation schemes.”
Jamie Burns (Director) PwC