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Maroc Maroc - PROPERTYWHEEL.CO.ZA - A la une - 16/Sep 10:55

Spear REIT raises R457m in vendor consideration placement

Spear REIT has successfully completed an equity capital raise of R457.75 million via a vendor consideration placement. The vendor consideration placement will allow the issuance of 50,302,197 new shares to public shareholders at an issue price of R9.10 per share. The equity placement was completed at a 1% discount to Spear’s 30-day volume-weighted-average-price (VWAP), being...Read More→

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