Assura announces plans to raise £197m to fund pipeline

Assura CEO Jonathan Murphy

Specialist primary care REIT Assura plc plans to raise around £197m from a placing and PrimaryBid to fund its short-term pipeline. The proposed placing of up to 267.5m new ordinary shares represents roughly 10% of the company’s existing issued share capital and is expected to raise gross proceeds of around £190m. The company said it was also…

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