By Richard Hook2018-04-16T11:23:00
Galliford Try has confirmed it has raised £144.2m from a 91.5% take-up of its discounted rights issue aimed to over-run costs on its Aberdeen bypass contract.
The housebuilder and construction group unveiled plans for a one-for-three rights issue of up to 27.74m new ordinary shares priced at 568p apiece in March and achieved acceptances of 25.39m of the total – its shares on the FTSE 250 closed at 885.5p at the end of last week.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts