November 16, 2015 / 7:28 AM / 2 years ago

BRIEF-Target Healthcare announces placing of 15.65 mln shares

Nov 16 (Reuters) - Target Healthcare REIT Ltd

* Proposed placing

* To issue up to 15,652,803 shares in company, representing 9.99% of company’s existing issued share capital

* In consultation with Stifel Nicolaus Europe Limited, will determine price at which placing shares will be acquired

* Price of placing shares will be a price which represents a premium to last net asset value per share (currently 99.2 pence per share) Source text for Eikon: Further company coverage:

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