LONDON (Alliance News) - GCP Infrastructure Investments Ltd Monday said it will raise up to GBP20 million via a share issue.
GCP said it wants to raise the new financing in order to take advantage of a number of attractive immediate investment opportunities in the market.
The number of shares to be issued and the price of those shares will be determined at the close of the bookbuild for the placing on September 15 and will be announced the following day, the infrastructure investment vehicle said.
GCP shares were trading down 0.4% to 116.5 pence on Thursday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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GCP Infrastructure Investments (GCP)