The UK-based residential developer focused on the North West of England today announced the completion of a circa £549k placing at 30p, a 40% discount to the current market price but a 200% premium to the recent IPO price, reflecting the strong performance of the shares. The funds will be applied to the £725k acquisition of Plus House, Stockport, also announced today.
11 Feb 2021
Second acquisition within 2 months of listing
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Second acquisition within 2 months of listing
One Heritage Group Plc (OHG:LON) | 10.0 0 0.0% | Mkt Cap: 3.87m
- Published:
11 Feb 2021 -
Author:
Derren Nathan -
Pages:
8
The UK-based residential developer focused on the North West of England today announced the completion of a circa £549k placing at 30p, a 40% discount to the current market price but a 200% premium to the recent IPO price, reflecting the strong performance of the shares. The funds will be applied to the £725k acquisition of Plus House, Stockport, also announced today.