By Michele Maatouk
Date: Thursday 30 Jun 2022
LONDON (ShareCast) - (Sharecast News) - Identity and fraud software specialist GB Group slid on Thursday after Audax Management sold 5m shares in the company in a placing.
According to Bloomberg, AG Acuant Holdings - an entity affiliated with Audax Management - sold the shares to institutional investors at 400p each, raising gross proceeds of around £20m.
The placing price represents a 9.7% discount to the closing share price on Wednesday.
At 0830 BST, GB Group shares were down 7.4% at 410.20p.
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Currency | UK Pounds |
Share Price | 296.80p |
Change Today | -5.80p |
% Change | -1.92 % |
52 Week High | 327.20 |
52 Week Low | 208.40 |
Volume | 216,161 |
Shares Issued | 252.60m |
Market Cap | £749.71m |
RiskGrade | 140 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 5 |
Buy | 4 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 9 |
Latest | Previous | |
---|---|---|
Final | Final | |
Ex-Div | 22-Jun-23 | 23-Jun-22 |
Paid | 03-Aug-23 | 03-Aug-22 |
Amount | 4.00p | 3.81p |
Time | Volume / Share Price |
13:08 | 567 @ 296.80p |
13:08 | 237 @ 296.80p |
13:08 | 1,000 @ 296.60p |
13:08 | 100 @ 296.40p |
12:49 | 3,671 @ 296.26p |
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