Global Data Centre Investment Fund falls on disocunted share placement

Global Data Centre Investment Fund

13/09/2021 04:35

** Shares of Australia's Global Data Centre Investment Fund
 GDC.AX  fall as much as 2.5% to A$1.980, on track for their
biggest intraday percentage loss since Aug 30 
    ** The data centre investor will raise A$19 mln ($13.99 mln)
at an issue price of A$1.93 per security, a 4.9% discount to the
stock's last close on Friday  urn:newsml:reuters.com:*:nASX3C2QBh
    ** Shares being offered under placement represent 16.3% of
co's free float shares 
    ** Stock up 12.8% this year, as of last close 


($1 = 1.3583 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))