PLACINGS ADMITTED29 Feb 2016 12:48
On 23rd Feb, hence the move in SP. A selloff at 41.93 has been holding back the SP, but seems to be clear now, with SP moving north. Best read this morning was from the RNS issued on completion of the placing
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"Today's successful placing is a strong endorsement of the Company's strategy and the hard work that has been done, not just over recent months in securing this important off-market acquisition, but also in transforming Redefine International's corporate structure and asset base over the last five years, which itself has delivered annualised total shareholder returns of 13 per cent."