Taylor Wimpey raises £522 million in upsized share sale
Reuters
Published Jun 18, 2020 07:58
Updated Jun 18, 2020 08:20
(Reuters) - Builder Taylor Wimpey (L:TW) on Thursday raised about £522 million in a discounted share sale, about £22 million more than it had planned, which represents about 11% of its existing share capital.
UK's third-largest homebuilder said the placing price of 145 pence implies a 4% discount to stock's close on Wednesday.
(This story corrects day to Wednesday in second paragraph)
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Written By: Reuters
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