October 4, 2016 / 6:16 AM / a year ago

BRIEF-Secure Income REIT raises 140 mln stg for Travelodge acquisition

Oct 4 (Reuters) - Secure Income Reit Plc

* Secure income reit raises £140 million for travelodge

* acquisition in very heavily oversubscribed placing

* Placing shares will be issued at a price of 298.6 pence per share

* Following placing, prestbury team will own 15.3% of company's enlarged share capital

* It is expected that dealings in placing shares will commence at 8.00 a.m. (london time) on 6 october 2016 Source text for Eikon: Further company coverage:

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