Last buy was at 98!!28 Sep 2016 21:21
So we are comfortably at the £1 mark based against the premium and EBIT update to come knowing that revenue is ahead.
So solid year, 5 hotels identified to use this money for, Barcelona deal also nearly done and new overdraft facility agreed.
Expectation is next year and medium term this will all add a great deal of value and steady investor who hopefully isn't going anywhere with stelios approval! Can't get better than that!
£1.50 here we come. The potential can now start to be seen as we are sustaining what we current do!
Pursuant to the Placing, the Company intends to place 29,445,000 Placing Shares at the Placing Price (representing approximately 29.3 per cent. of the Enlarged Issued Share Capital) with ICAMAP Investors, a Luxembourg specialised investment fund (fonds d'investissement spécialisé - SIF) managed by ICAMAP, S.à r.l., an independent alternative investment fund manager duly authorised by the Luxembourg Supervisory Authority for the Financial Sector (Commission de Surveillance du Secteur Financier - CSSF) focused primarily on listed European real estate small and midcap companies. ICAMAP, S.à r.l. has a long term investment outlook and manages funds on behalf of blue chip, global institutions of several nationalities.