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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Abrdn Property Income Trust Limited | LSE:API | London | Ordinary Share | GB0033875286 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 0.98% | 51.50 | 50.90 | 51.40 | 51.70 | 50.80 | 51.20 | 582,292 | 16:29:58 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Real Estate Agents & Mgrs | 31.11M | -51.05M | -0.1339 | -3.85 | 196.33M |
13 November 2014 Standard Life Investments Property Income Trust Limited Result of Placing Further to the announcement earlier today, the Board of Standard Life Investments Property Income Trust Limited (the "Company") is pleased to announce that,it has raised £20 million through the issue of 26,506,928 new ordinary shares of 1 penny each in the Company (the "New Shares") at a price of 75.5 pence per New Share (the "Issue"). The gross process of the Issue are significantly in excess of the initial £12m target and provides greater scope to the management team to deliver on the strong pipeline of near term opportunities available to the Company. Application will be made for the New Shares to be admitted to the premium segment of the Official List and to trading on the Main Market of the London Stock Exchange. It is expected that dealings in the New Shares will commence at 8.00 a.m. on 19 November 2014. The New Shares will, when issued, be credited as fully paid and rank paripassu with the existing ordinary shares of no par value in the capital of the Company, including the right to receive all future dividends and distributions declared, made or paid save for the dividend payable on 28 November 2014 to shareholders on the register on 14 November 2014. Richard Barfield, Chairman of the Company, said: "We are delighted by the response from investors and would like to thank existing shareholders for their support as well as to welcome several new investors to the Company." Enquiries: Standard Life Investments +44 (0) 131 245 2735 Gordon Humphries, Head of Investment Companies Winterflood Investment Trusts +44 (0) 20 3100 0268 Graeme Caton +44 (0) 20 3100 0160 Neil Langford
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