IN BRIEF: Impact Healthcare REIT to raise GBP50 million to repay debt

Tue, 06th Apr 2021 17:03

Impact Healthcare REIT PLC - real estate investment trust - Intends to raise GBP50 million via a placing of new shares. The company says the price of the Issue will be 111.5 pence per share, which represents a discount of 2.5% to the closing price per share of 114.4p on Thursday last week. The net proceeds of the placing will enable the company to repay amounts drawn under its revolving credit facilities and to fund new investments.

Current stock price: 113.40p, down 0.9% on Tuesday

Year-to-date change: up 4.0%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Related Shares

More News

22 May 2024 12:00

Impact Healthcare targeting increased dividend after stable quarter

(Alliance News) - Impact Healthcare REIT PLC on Wednesday announced positive quarterly performance driven by rising occupancy and fees.

14 May 2024 16:19

UK shareholder meetings calendar - next 7 days

10 May 2024 14:28

UK dividends calendar - next 7 days

12 Apr 2024 09:55

LONDON BROKER RATINGS: JPMorgan raises Taylor Wimpey, Persimmon

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

25 Mar 2024 10:43

Impact Healthcare ups dividend as net asset value grows

(Alliance News) - Impact Healthcare REIT PLC on Monday said it was well positioned to deliver long-term sustainable returns to shareholders, citing a ...