Institutional shareholder sells £90m worth of Qinetiq shares in placing

By Michele Maatouk

Date: Friday 12 Aug 2022

(Sharecast News) - An undisclosed institutional shareholder has sold around £90m worth of Qinetiq shares in a placing.
According to terms seen by Bloomberg, the shares have been sold at 352p each, which is a discount of around 5.9% to the closing share price on Thursday.

At 0815 BST, the shares were down 2.3% at 365.60p.

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