By Michele Maatouk
Date: Wednesday 24 Apr 2024
LONDON (ShareCast) - (Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.
The shares were sold by way of any accelerated bookbuild to institutional investors at 112p each, raising gross proceeds of about £44.8m.
Following completion of the placing, Alchemy will hold just over 31m shares in Mitie, which is a stake of around 2.33%.
Peel Hunt acted as sole global co-ordinator and bookrunner in connection with the placing.
At 0850 BST, the shares were down 4.2% at 115p.
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 116.00p |
Change Today | 1.00p |
% Change | 0.87 % |
52 Week High | 122.40 |
52 Week Low | 88.90 |
Volume | 2,892,052 |
Shares Issued | 1,332.56m |
Market Cap | £1,545.77m |
RiskGrade | 216 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 4 |
Buy | 1 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 5 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 14-Dec-23 | 22-Jun-23 |
Paid | 31-Jan-24 | 04-Aug-23 |
Amount | 1.00p | 2.20p |
Time | Volume / Share Price |
16:35 | 561,049 @ 116.00p |
16:35 | 15,542 @ 116.00p |
16:35 | 9,874 @ 116.00p |
16:35 | 3,671 @ 116.00p |
16:35 | 4,372 @ 116.00p |
You are here: research