Brief: KCR Residential REIT Receives Notice Of Exercise From Torchlight Fund LP
Oct 27 (Reuters) - KCR Residential REIT PLC KCR.L :
* KCR RESIDENTIAL REIT PLC - RECEIVED A NOTICE OF EXERCISE
FROM
TORCHLIGHT FUND LP IN RESPECT OF 13.5 MILLION OPTIONS OVER KCR
SHARES OF 10P EACH
* KCR RESIDENTIAL REIT PLC - PROCEEDS OF THIS EXERCISE WILL
PROVIDE KCR WITH ADDITIONAL CASH FUNDING OF C. £2.7 MILLION
Source text for Eikon: ID:nRSa4032Qa
Further company coverage: KCR.L
((Reuters.Briefs@thomsonreuters.com;))