In QuotedData’s other news 10 February 2020 –
- Intu Properties (INTU) confirmed that further to press speculation, it is engaged in discussions with shareholders and new investors, in relation to a proposed equity raise alongside the company’s full year results at the end of February. INTU says it will make further announcements in due course, as appropriate, and that there can be no certainty that the equity raise will be implemented.
- International Biotechnology (IBT) said it had approved a write-up in the valuation of one of its unquoted investments from £3.2m to £7.5m on a cost of £2.4m to reflect improved projected sales data.
We also have a valuation update from JZ Capital Partners, proposals for a £250m equity raise by Sequoia Economic Infrastructure Income and plans for a £100m placing by Urban Logistics REIT.