Mar 08 2010
Metric Property Investments plc ("Metric" or the "Company"), a UK-incorporated specialist retail property investment company, today announces its initial public offering ("IPO"). Headed by its Chief Executive Andrew Jones, the Company - which is both newly established and internally managed - has one of the most experienced UK retail property executive management teams and has a highly qualified independent team of Non-executive Directors.
The Company today announces its intention to proceed with a Placing and Offer for Subscription of Ordinary Shares in the Company (the "Issue") and its application for admission to trading on the main market of the London Stock Exchange (the "LSE") ("Admission"). Metric is targeting raising gross proceeds of approximately £150 million.
The full article can be found in the attached file.
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