By Devika Patel
Knoxville, Tenn., Nov. 26 - Dragon Ukrainian Properties & Development plc said it has raised £47.6 million in a private placement of shares. The deal priced on Nov. 13 and settled on Nov. 23.
The company sold 36,630,100 ordinary shares at 130p apiece.
Proceeds will be used for development.
Dragon Ukrainian is a real estate investment company.
| Issuer: | Dragon Ukrainian Properties & Development plc
|
| Issue: | Ordinary shares
|
| Amount: | £47.6 million
|
| Shares: | 36,630,100
|
| Price: | 130p
|
| Pricing date: | Nov. 13
|
| Settlement date: | Nov. 23
|
| Stock symbol: | London: DUPD
|
| Stock price: | 124.4p at close Nov. 13
|
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