Equites raises R1-billion in book build

27th July 2017

By: Anine Kilian

Contributing Editor Online

     

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Following the closing of its book build announced on Thursday, JSE-listed Equites has raised R1.02-billion by issuing 59-million shares at 1 720c a share.

The company earlier announced equity raising of about R400-million through the issue of new shares, subject to pricing acceptable to Equites.

The equity raise was implemented through an accelerated book build process.

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Edited by Samantha Herbst
Creamer Media Deputy Editor

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