4
MKS /MAY2014
CAPITAL RAISING SUMMARY
»
»
Timetableachieved:
29 January: Announcement of Firm Placing and Placing&OpenOffer
of 45,879,171new ordinary shares at £1.89 per share
14 February: Shareholder approval and announcement of results
19 February: Settlement
»
»
Result:
»
»
Investmentof£45mofproceeds todate:
– delivery of refurbishment projects
– acceleration of development projects
– hedging instruments reduced
– acquisitions within South East and London office and industrial markets
Numberofordinary shares
FirmPlacing
14,131,241
Placing
25,343,688
OpenOffer
6,404,245
45,879,174
Shares in issue@3/13
45,879,174
Issuedsharecapital@3/14
91,758,348
@£1.89=£86.71million
