BRIEF-Modern Water to raise 10 mln stg

LONDON Tue Feb 12, 2013 2:07am EST

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LONDON Feb 12 (Reuters) - Modern Water PLC : * Placing to raise £10 million * Placing Price is at a discount of 17.7 percent to the closing middle market price of 60.75 pence per Ordinary Share * to use proceeds to invest in Modern Water's growth strategy in key markets, particularly China and the Middle East;

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