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BBOX — Tritax Big Box REIT News Story

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Brief: Tritax Big Box To Raise £350 Million Via Equity Issue

BRIEF-Tritax Big Box To Raise £350 Million Via Equity Issue

- Tritax Big Box Reit PLC BBOXT.L:

  • TRITAX BIG BOX - TO RAISE £350 MILLION VIA EQUITY ISSUE

  • TRITAX BIG BOX - EQUITY ISSUE INCLUDES INSTITUTIONAL PLACING, UK RETAIL OFFER, AND £1.30 MILLION DIRECTOR SUBSCRIPTION

  • TRITAX BIG BOX - TROT HOLDINGS TO SUBSCRIBE FOR UP TO £30 MILLION OF PLACING SHARES

  • TRITAX BIG BOX: NET PROCEEDS OF EQUITY ISSUE EXPECTED TO BE MATERIALLY ACCRETIVE TO BOTH EPRA EARNINGS & NTA PER SHARE IN MEDIUM TERM

  • TRITAX BIG BOX: NET PROCEEDS WILL ENHANCE CO'S ADJUSTED EPS GROWTH AMBITION TO INCREASE BY ABOUT 65% BY 2030/31

Source text: ID:nRSE4659Pa

Further company coverage: BBOXT.L


((Reuters.Briefs@thomsonreuters.com;))

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