Marshalls (MSLH)

Sector:

Construction and Building Materials

Index:

FTSE 250

319.50p
   
  • Change Today:
      1.50p
  • 52 Week High: 320.00
  • 52 Week Low: 198.00
  • Currency: UK Pounds
  • Shares Issued: 252.97m
  • Volume: 39,315
  • Market Cap: £808.24m
  • RiskGrade: 148

Marshalls raises £187m in accelerated bookbuild to help fund Marley deal

By Michele Maatouk

Date: Thursday 07 Apr 2022

LONDON (ShareCast) - (Sharecast News) - Landscape products manufacturer Marshalls said on Thursday that it has raised around £187m in an accelerated bookbuild to help fund the acquisition of roofing specialist Marley.
The company placed just over 28.8m shares at 650p each. This is a 6.1% discount to the closing share price on Wednesday.

Marshalls announced late on Wednesday that it had agreed to buy Marley from private equity firm Inflexion for £535m.

It said the deal would be financed through £371m in cash, which would be from a combination of around £187m from a firm placing and open offer and new debt financing, and 24,092,457 consideration shares expected to be issued to the sellers.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Marshalls Market Data

Currency UK Pounds
Share Price 319.50p
Change Today 1.50p
% Change 0.47 %
52 Week High 320.00
52 Week Low 198.00
Volume 39,315
Shares Issued 252.97m
Market Cap £808.24m
RiskGrade 148

Marshalls Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
25.48% below the market average25.48% below the market average25.48% below the market average25.48% below the market average25.48% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below the sector average
Price Trend
27.04% above the market average27.04% above the market average27.04% above the market average27.04% above the market average27.04% above the market average
2.44% below the sector average2.44% below the sector average2.44% below the sector average2.44% below the sector average2.44% below the sector average
Income
33.84% below the market average33.84% below the market average33.84% below the market average33.84% below the market average33.84% below the market average
93.75% below the sector average93.75% below the sector average93.75% below the sector average93.75% below the sector average93.75% below the sector average
Growth
63.29% below the market average63.29% below the market average63.29% below the market average63.29% below the market average63.29% below the market average
65.85% below the sector average65.85% below the sector average65.85% below the sector average65.85% below the sector average65.85% below the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Marshalls Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 19-Oct-23
Paid 01-Jul-24 01-Dec-23
Amount 5.70p 2.60p

Trades for 21-May-2024

Time Volume / Share Price
10:35 500 @ 319.65p
10:31 3,000 @ 319.77p
10:30 25 @ 319.50p
10:29 1,267 @ 319.50p
10:29 627 @ 319.50p

Marshalls Key Personnel

CFO Justin Lockwood
CEO Matt Pullen

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