Haydn Mursell is to stand down from the board and leave the business with immediate effect.
Numis Securities, Peel Hunt, Citi, HSBC and Santander had agreed to underwrite the rights issue
Kier has launched a joint venture with housing association and care home provider Cross Keys Homes Developments to build out schemes in the East of England.
Telereal Trillium has completed the sale of six acres of land at Norcross Lane, Thornton Cleveleys, to Kier Property for £3.4m