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Target Healthcare raises £25.5m in placing

04 March 2015 07:39

Target Healthcare confirms the successful placing of 25m new shares raising about £25.5m gross.

Non-executive chairman Malcolm Naish said:

"This placing was oversubscribed and we are encouraged by the support shown by the current shareholders in Target.

"We are also delighted that we have been able to attract new investors hearing the investment story for the first time. We have already identified attractive acquisition opportunities and look forward to being able to report more fully in due course."

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Related Company: THRL

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