June 18, 2020 / 6:40 AM / a month ago

REFILE-UK's Taylor Wimpey raises 522 mln pounds in upsized share sale

(Corrects day to Wednesday in second paragraph)

June 18 (Reuters) - Builder Taylor Wimpey on Thursday raised about 522 million pounds ($655.16 million) in a discounted share sale, about 22 million pounds more than it had planned, which represents about 11% of its existing share capital.

UK’s third-largest homebuilder said the placing price of 145 pence implies a 4% discount to stock’s close on Wednesday.

$1 = 0.7967 pounds Reporting by Samantha Machado in Bengaluru; Editing by Amy Caren Daniel

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below