The board of GCP Student Living is considering raising additional equity capital in February 2017, targeting gross proceeds in excess of £60m through a non-pre-emptive issue of new ordinary share.
The price of the issue of the share will be established by reference to the prevailing net asset value per share and share price of the company.
The board of GCP Student Living is considering raising additional equity capital in February 2017, targeting gross proceeds in excess of £60m through a non-pre-emptive issue of new ordinary share.
The price of the issue of the share will be established by reference to the prevailing net asset value per share and share price of the company.
Further details as to the timing, price and quantum of the issue, if the board resolves to proceed, are yet to be announced.
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