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 | 358.40p |
Change Today | 5.00p |
% Change | 1.41 % |
52 Week High | 363.00 |
52 Week Low | 231.40 |
Volume | 242,203 |
Shares Issued | 252.63m |
Market Cap | £905.41m |
Beta | 1.37 |
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 | 20-Jun-24 | 22-Jun-23 |
Paid | 02-Aug-24 | 03-Aug-23 |
Amount | 4.20p | 4.00p |
Time | Volume / Share Price |
16:36 | 10,000 @ 358.40p |
16:35 | 156 @ 358.40p |
16:35 | 5 @ 358.40p |
16:35 | 132 @ 358.40p |
16:35 | 494 @ 358.40p |
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