Segro rights issue 97.8% subscribed
SEGRO
839.60p
17:15 04/10/24
-1.62%
-13.80p
Segro said its one-for-five rights issue had been 97.8% subscribed and expected the new shares to begin trading on Tuesday.
FTSE 250
20,900.08
17:14 04/10/24
n/a
n/a
FTSE 350
4,570.17
17:14 04/10/24
n/a
n/a
FTSE All-Share
4,527.24
16:54 04/10/24
n/a
n/a
Real Estate Investment Trusts
2,335.75
17:14 04/10/24
-0.80%
-18.80
The issue, at 345p a share, was launched to part-fund Segro's £350m cash and asset purchase of the remaining 50% stake in the Airport Property Partnership from its partner Aviva Life & Pensions.