Food
By Michele Maatouk
Date: Friday 25 Sep 2015
LONDON (ShareCast) - (ShareCast News) - Swiss food group Aryzta has placed its entire stake in Irish agri-services company Origin Enterprise for €228.5m.
Origin said Aryzta has placed 36.3m shares, equivalent to 29% of the company's issued share capital at a price of €6.30 per share.
The placing is expected to complete on 29 September.
Aryzta's chief executive officer, Owen Killian, said: "Origin Enterprises is an outstanding company and has carved out a niche as the most innovative, research based Agronomy Business in Europe.
"The long-term prospects for Origin are excellent and I wish Tom and his colleagues continued success. I will resign as Chairman of Origin Enterprises in October having held the role since we launched the business in 2006."
At 1457 BST, Origin shares were down 4.2% at 6.80p.
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Currency | Euro |
Share Price | 3.03 |
Change Today | 0.08 |
% Change | 2.71 % |
52 Week High | 3.8 |
52 Week Low | 2.7 |
Volume | 0 |
Shares Issued | 107.72m |
Market Cap | 326.38m |
RiskGrade | 52 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 3 |
Buy | 3 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 6 |
Latest | Previous | |
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Interim | Final | |
Ex-Div | 30-May-24 | 18-Jan-24 |
Paid | 21-Jun-24 | 09-Feb-24 |
Amount | 3.15¢ | 13.65¢ |
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