March 24, 2017 / 6:05 AM / in 4 months

BRIEF-Suomen Hoivatilat mulls issuance of up to 3.5 mln shares

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March 24(Reuters) - Suomen Hoivatilat Oyj:

* Said on Thursday intends to issue preliminarily up to 3.5 million new shares in an offering directed to a selected group of Finnish and international institutional investors

* Said the proceeds of the Offering are primarily intended to be used for the financing of property development projects

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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