SEGRO has raised £680m through a placing and retail offer, which will be used to boost its pipeline and acquisitions.
It had expected to raise £650m when the placing launched yesterday (9 June).
The company placed around 82.3m new ordinary shares, selling at 820p each. This represented a 4.5% discount to its closing share price of 858.8p yesterday.
The shares that were placed represented around 7.5% of the existing issued ordinary share capital of the company.
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