Galliford Try PLC (GFRD.L)
British construction company Galliford Try Plc said it will have to spend more to build Aberdeen's new ring road due to weather-driven delays but the cost will be below 25 million pounds that it incurred in the first half.
May 22 British construction company Galliford Try Plc said it will have to spend more to build Aberdeen's new ring road due to weather-driven delays but the cost will be below 25 million pounds ($33.56 million) that it incurred in the first half.
May 22 British construction company Galliford Try Plc is likely to face additional costs due to weather-driven delays in the construction of Aberdeen's new ring road this year, the company said on Tuesday.
* ANNOUNCES THAT 1 FOR 3 RIGHTS ISSUE OF 27.7 MILLION SHARES AT 568 PENCE PER SHARE CLOSED FOR ACCEPTANCES AT 11:00 A.M. ON 13 APRIL 2018
LONDON, March 27 British construction group Galliford Try said it would raise around 158 million pounds ($225 million) through a fully underwritten rights issue to cover the costs of a troubled project it had been working on with the now-defunct Carillion.
British construction group Galliford Try is seeking additional funding to cover the costs of a joint venture to build a major ring road in northern Scotland after the collapse of Carillion Plc, its partner on the project.
* Looks to raise 150 mln stg from investors to offset Carillion collapse costs
* HY GROUP REVENUE 1,403 MILLION EUROS VERSUS 1,235 MILLION EUROS A YEAR AGO
* PROPOSES TO RAISE £150M OF NEW EQUITY CAPITAL (CAPITAL RAISING) FROM ITS SHAREHOLDERS IN COMING WEEKS
Feb 14 British construction group Galliford Try laid out plans to raise 150 million pounds ($209 million) from investors in coming weeks and said it would bring forward plans to increase its dividend cover to the current financial year.
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