Target Healthcare REIT Ltd Announces Issue of New Ordinary Shares

Friday, 25 Oct 2013 09:49am EDT 

Target Healthcare REIT Ltd announced that on October 9, 2013, the Company published a prospectus (the Prospectus) in connection with a placing and offer for subscription of up to 45 million ordinary shares of no par value in the capital of the Company (the Ordinary Shares) at an issue price of GBP1.01 per Ordinary Share (the Issue). The Board of the Company is announced that the Issue was over subscribed and applications have been accepted for 45 million Ordinary Shares, raising gross proceeds of approximately GBP45.45 million. 

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