By Dave Rogers2021-05-13T16:14:00+01:00 Firm to use money to eat into £436m debt pile Kier has completed the £241m equity raise it only announced this morning, the firm has confirmed in a Stock Exchange announcement this afternoon. It said 284 million shares have been issued at a price of 85 pence per share raising approximately £241m. Andrew Davies wants Kier to be in a net cash position within three years The firm only announced details of the plans at 7AM today with the lightning quick deal being completed less than nine hours after this morning’s announcement to the Stock Exchange.