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Attacq raises R512m in private placement

Attacq‚ previously Atterbury Investment Holdings‚ has raised R512m in a heavily over-subscribed private placement and has closed its bookbuild‚ the company said.

6 Feb 2014

Attacq raised R512m in a private placement of shares. Image: Anankkmi Free Digital Photos

Attacq is a South African capital growth fund in the real estate sector.

The company placed about 29m shares at R17.65 per share. "This represented a 1.6% discount to Attacq's 30-day volume weighted average price‚" the company said.

Listing and trading of the new shares is expected to start next week.

The bookrunner and JSE sponsor is Java Capital.

Source: I-Net Bridge

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