May 18, 2017 / 11:04 AM / 6 months ago

BRIEF-Marston's says raises 78.9 mln stg via placing

May 18 (Reuters) - Marston’s Plc:

* Total of 57,600,995 new ordinary shares of 7.375 pence each have been placed at a price of 137.0 pence per placing share

* Share placement raising proceeds of approximately £78.9 million (before expenses)

* Placing shares being issued represent approximately 9.9% of issued ordinary share capital of company prior to placing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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