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International Public Partnerships raises £180m

International Public Partnerships has announced that it has raised £180m through a placing, open offer and offer for subscription. The company says that the issue was very significantly over subscribed and a total of 137,142,857 shares will now be issued at a price of 131.25p per share. The new shares are expected to be admitted to the LSE with effect from 8.00 am on 18 November 2015 and, following this issue, the company’s issued share capital will comprise 990,634,037 ordinary shares.

International Public Partnerships raises £180m : INPP

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