RSA claims success in rights issue
CEO Hester thanks shareholders for their support.
RSA has confirmed that investors have taken up 95.67% of its £773m rights issues.
With the remainder of the shares underwritten the provider has raised £748m after expenses.
The insurer was forced into the rights issue to generate capital after it had to inject £200m into its Irish operation to deal with issues within the business.
The insurer proposed the rights issue at the time of its 2013 results when it reported a £338m loss.
The process for the share placing was confirmed last month.
Poten
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