Ann: Trading Halt, page-4

According to AFR - GDC is raising $24m from institutional / sophisticated retail investor for potential further data centre acquisitions. Issue price is at $1.93 per share again per last time 360's major share ownership transfer price.

Original Quote from AFR Article
Fresh from its biggest investor selling off a 33 per cent stake in the business, Global Data Centre Group is raising $24 million via a placement for institutional investors and a retail share purchase plan.On Tuesday afternoon 360 Capital sold off a $42 million block, which was priced at $1.93 per share.One of the Global Data Centre Group’s investments is in AirTrunk. This fresh funding round is also priced at $1.93 per share, which represents a 4.9 per cent discount to its last trading price of $2.03.Once again Shaw and Partners and Aitken Murray Capital Partners have been appointed as joint lead managers.Proceeds from the raise will be used to fund potential acquisitions, as well as strategic investment opportunities.AdvertisementGlobal Data Centre Group operates a portfolio of data centre investments. It invests directly into data centres and associated assets and typically takes equity positions of between $20 million and $50 million.It has interests in 14 data centres, including those run by ETIX Everywhere, Fujitsu’s Perth data centre, AirTrunk and the Guam Data Centre.It has $163.8 million of total assets, has deployed $82.3 million of capital and hs 2.4 megawatts of operating capacity.Bids into the raise are due by 1pm on Friday.