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Impact Healthcare Raises GBP35 Million For Possible Homes Buy

Thu, 05th Dec 2019 14:05

(Alliance News) - Impact Healthcare REIT PLC on Thursday said it has successfully raised GBP35 million.

A total of 32.4 million shares will be issued at the placing price of 108 pence per share.

Shares in Impact Healthcare were down 0.9% at 108.00p in London on Thursday.

"The company's investment manager is working on a number of transactions which, if completed, would lead to the acquisition of up to a further 20 homes, enabling the full deployment of the net proceeds of the placing and the company's available debt facilities in the near term," the company said.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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