Builder Taylor Wimpey on Thursday raised about £522 million in a discounted share sale, about £22 million more than it had planned, which represents about 11% of its existing share capital.

UK's third-largest homebuilder said the placing price of 145 pence implies a 4% discount to stock's close on Wednesday.

(This story corrects day to Wednesday in second paragraph)

(Reporting by Samantha Machado in Bengaluru; Editing by Amy Caren Daniel)