Bridgepoint slumps as shareholders place 14.7m shares

By Michele Maatouk

Date: Friday 20 Sep 2024

(Sharecast News) - Bridgepoint slid on Friday after a group of 103 current and former employees and some related entities sold 14.7m shares in a placing.
According to terms seen by Bloomberg, the shares were priced via JPMorgan and Morgan Stanley at 340p each. This is an 11% discount to the last closing price.

At 0940 BST, the shares were down 10% at 344.60p.

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