StockMarketWire.com - Construction and support services group Kier said Thursday less than 40% of newly offered shares was snapped up by shareholders following the recent rights issue.

The company said just 37.66% of the new shares created by a rights issue was taken up by shareholders.

The rights issue offered investors the opportunity to buy shares at a discount price to raise £250m in emergency funding.

At 8:04am: [LON:KIE] Kier Group PLC share price was -23.3p at 361.7p



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