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GCP Infrastructure placing to raise £60m

18 November 2016 07:35

GCP Infrastructure is seeking to raise around £60m, gross, through a placing of new ordinary shares at 123.50 pence apiece - a discount of 9 pence to last night's closing market price of 132.50 pence.

The placing is being effected in order to allow the company to take advantage of a number of attractive investment opportunities in the near term and in accordance with it investment objective and policy.

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