Kier completes £241m equity raise less than nine hours after announcing it

By Dave Rogers2021-05-13T16:14:00

Firm to use money to eat into £436m debt pile

Kier has completed the £241m equity raise it only announced this morning, the firm has confirmed in a Stock Exchange announcement this afternoon.

It said 284 million shares have been issued at a price of 85 pence per share raising approximately £241m.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community