Bovis Homes (BVS.LN) said Thursday a total of 12.1 million new ordinary shares of 50 pence each have been placed at a placing price of 500 pence per share, raising gross proceeds of GBP60 million.

MAIN FACTS:

-Shares placed by Deutsche Bank AG (DB, London Branch and RBS Hoare Govett Ltd.

-Placing shares issued represent 10% of company's issued ordinary share capital prior to placing.

 
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com
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