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 …
“TigerLime are consultants that have and will continue to be recommended to clients of CBRE who are seeking strategic student accommodation management advice.”
Nick Mullins (Senior Director) & Iain Selbie (Associate Director), CB Richard Ellis Ltd