Telecommunications Service Providers (6530)

2,002.81
   
  • 52 Week High: 2,185.89
  • 52 Week Low: 1,690.79

Helios Towers slumps as ATP offloads 50.6m shares in placing

By Michele Maatouk

Date: Wednesday 20 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Helios Towers fell on Wednesday after investor Arbejdsmarkedets Tillægspension (ATP) - Denmark's largest lifelong pension plan - sold around 50.6m shares in the company in a placing for approximately £48m.
The shares were placed with investors in an accelerated bookbuild offering at 94p each. The placing price is a 10% discount to the closing share price on Tuesday.

BofA Securities acted as sole bookrunner on the bookbuild.

At 0815 GMT, the shares were down 3.3% at 98.10p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

 

Price Data

Price 2,002.81
Closing Price Change -46.02
% Change -2.25 %
21-Nov-24 Close 2,002.81

Top Risers

Price Change
MAI 247.50p +1.0%
BT.A 148.75p +0.7%
AAF 97.60p +0.6%

Top Fallers

Price Change
HTWS 94.90p -0.1%

Top of Page