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3 years ago
BRIEF-CapCo places shares to raise cash for Covent Garden and Earls Court schemes
May 14, 2014 / 6:24 AM / 3 years ago

BRIEF-CapCo places shares to raise cash for Covent Garden and Earls Court schemes

LONDON, May 14 (Reuters) -

* Capital & counties properties plc - placing of up to 75,900,000 new ordinary shares of 25 pence per new ordinary share in capital of company

* Capital & counties - would provide capco with financial flexibility to accelerate a number of strategic investment opportunities

* Capital & counties properties plc - representing approximately 9.99 per cent of company's issued share capital immediately prior to placing. Source text for Eikon: Further company coverage:

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