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Morning briefing: Shaires extends retail share offer; Land Securities may need share issue to buy Metrocentre - report; bullish fund managers drop cash levels to 3.5%
Shaires Holdings (SHR), the AIM-listed investment company offering exposure to a portfolio of private artificial intelligence companies, has extended its retail share offer to 4.30pm on 24 August to give it time to reach a “broader range of investors”. The offer of new shares at $20 each at a discount of around 18% to their previous price of $24.50 was originally due to close yesterday. Matthew Read, senior QuotedData analyst, said: “We are plea…
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