Urban Logistics seeks £130m from investors to fund acquisitions

Boxes being carried on a forklift

Urban Logistics is seeking around £130m from retail and institutional investors via the combination of a share placing and issue.

The group will seek around £100m from a placing of shares at 139 pence with new and existing investors. The issue represents a discount of 5.4 %to the closing mid-market price last Friday. 

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue