Redrow Set for Pounds 100m Cash Call ; Market Report [Eire Region]
Daily Mail › September 23, 2009
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Summary
ACCORDING to the man in a hard hat, the final bricks have been put in place by Redrow's advisers' JP Morgan Cazenove for a Pounds 100m rights issue.
Shares of the Flintshire-based housebuilder eased 1 1/2p p to 233.3p on expectations dealers will hear confirmation of the fundraising today.See the full content of this document
Extract
Redrow Set for Pounds 100m Cash Call ; Market Report [Eire Region]
Founder and 29.9pc shareholder Steve Morgan, who also owns Wolverhampton Wanderers Football Club, has always had the backing of Martin Hughes' Toscafund, which sits on 20.5pc of the equity.
Other major ...See the full content of this document
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