Infrastructure India (IIP)

Sector:

Investment Firms

0.075p
   
  • Change Today:
    -0.025p
  • 52 Week High: 1.00
  • 52 Week Low: 0.051
  • Currency: UK Pounds
  • Shares Issued: 682.08m
  • Volume: 54,787
  • Market Cap: £0.51m

Infrastructure India director sells 12.5m shares

Date: Thursday 24 May 2012

LONDON (ShareCast) - A Non-Executive Director of investment group Infrastructure India has sold 12.5m shares in the firm at 55p through an accelerated bookbuild secondary placing to satisfy certain personal financial obligations.

Vikram Viswanath now holds 42,488,993, or 19.4% of the issued share capital, having sold 5.7%.

The shares are held through Anuradha Holdings Private Limited (AHPL), which has conditionally agreed not to dispose of further shares in the company for a period of 12 months following the completion of the placing and following this it will be subject to an orderly marketing arrangement for an additional 12 months.

The share price dropped 4.6% to 57p by 13:02.

NR

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

 

IIP Market Data

Currency UK Pounds
Share Price 0.075p
Change Today -0.025p
% Change -25.00 %
52 Week High 1.00
52 Week Low 0.051
Volume 54,787
Shares Issued 682.08m
Market Cap £0.51m

IIP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.06% below the market average1.06% below the market average1.06% below the market average1.06% below the market average1.06% below the market average
25.25% above the sector average25.25% above the sector average25.25% above the sector average25.25% above the sector average25.25% above the sector average
Price Trend
95.89% below the market average95.89% below the market average95.89% below the market average95.89% below the market average95.89% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth Not Available

IIP Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
10:07 207 @ 0.051p
10:05 50,000 @ 0.060p
10:04 4,580 @ 0.051p

IIP Key Personnel

Chair Thomas Tribone
CEO Rahul (Sonny) Lulla

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