Secure property Development Raises USD1.3 Million In Placing (ALLISS)

Fri, 07th Nov 2014 08:52

LONDON (Alliance News) - Secure Property Development and Investment Ltd PLC Friday said it had raised USD1.3 million in a share placing.

In a statement, the property developer said it issued nearly 1.2 million new shares to an unnamed new investors for 70 pence a share.

It didn't say what it will use the proceeds for.

The company's shares last traded at 55.00 pence a share.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

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