British Land Company plc (GB:BLND) has released an update.
British Land Company plc has announced an opportunity for retail investors to subscribe for new Ordinary Shares via PrimaryBid, alongside an institutional placing and director subscriptions at a determined issue price post-bookbuilding. The Retail Offer prioritizes existing shareholders, with a minimum £250 subscription, and aims to fund their recent acquisition of a portfolio of retail parks. The offer, conditional on listing and trading approvals, underscores the company’s commitment to its retail investor base and will close on 2 October 2024.
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