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Ecclesiastical to launch share issue

Michael Tripp Ecclesiastical

Ecclesiastical is seeking to raise proceeds of approximately £40.8m by placing up to 40 million additional on-cumulative irredeemable preference shares.

The company is seeking to raise gross proceeds of up to £40.8m through a placing of up to 40 million additional NCIP shares with institutional and other investors, according to a note on the London

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