May 26, 2017 / 11:05 AM / in 2 months

BRIEF-Investor Oaktree places about 103.7 mln shares in Countryside- bookrunner

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May 26 (Reuters) - Bookrunner:

* Placing of 103,686,504 ordinary shares in Countryside Properties Plc by OCM Luxembourg Coppice Topco being an entity controlled by Oaktree

* Following completion of placing, seller will continue to hold about 23 pct of issued share capital of company

* Proceeds of placing are payable in cash, and settlement of placing is expected to occur on a t+2 basis on May 31

* Company will not receive any proceeds from placing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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