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SPDI Secure Property Development and Investment PLC Announces Completion Of Placing Of $17.05 Million


Thursday, 28 Feb 2013 02:00am EST 

SPDI Secure Property Development and Investment PLC announced that with reference to the announcement made on January 24, 2013, the Company announced that it has raised $17.05 million (approximately GBP10.8 million), before expenses, via a placing of 14,568,842 new ordinary shares of EUR0.01 each in the capital of the Company (the Placing Shares) to new and existing investors at GBP0.74 per Placing Share (the Placing Price). It is expected that Admission will take place and that trading will commence on or about March 5, 2013. 

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