Baltic Classifieds Group (BCG)

Sector:

IT Services

Index:

FTSE 250

 234.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 257.00
  • 52 Week Low: 165.00
  • Currency: UK Pounds
  • Shares Issued: 488.18m
  • Volume: 0
  • Market Cap: £1,142.34m

Antler sells 21.5m shares in Baltic Classifieds in placing

By Michele Maatouk

Date: Wednesday 06 Mar 2024

LONDON (ShareCast) - (Sharecast News) - Antler, which is controlled by funds advised by Apax, has sold 21.5m shares in Baltic Classifieds Group in a placing, raising gross proceeds of £47.3m.
The shares, which represent 4.4% of Baltic's issued ordinary share capital, were sold at 220p each. This is a 7.7% discount to the closing share price on Tuesday.

Antler had originally planned to sell 13m shares, but the placing size was increased "on the back of strong deal momentum".

Following settlement of the placing, which is expected to take place on Friday, Antler will continue to hold about 26.6% of BCG's ordinary shares.

BofA Securities acted as sole global coordinator in connection with the placing.

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BCG Market Data

Currency UK Pounds
Share Price 234.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 257.00
52 Week Low 165.00
Volume 0
Shares Issued 488.18m
Market Cap £1,142.34m

BCG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.45% below the market average89.45% below the market average89.45% below the market average89.45% below the market average89.45% below the market average
75.61% below the sector average75.61% below the sector average75.61% below the sector average75.61% below the sector average75.61% below the sector average
Price Trend
56.67% above the market average56.67% above the market average56.67% above the market average56.67% above the market average56.67% above the market average
56.04% above the sector average56.04% above the sector average56.04% above the sector average56.04% above the sector average56.04% above the sector average
Income
13.6% below the market average13.6% below the market average13.6% below the market average13.6% below the market average13.6% below the market average
24.14% below the sector average24.14% below the sector average24.14% below the sector average24.14% below the sector average24.14% below the sector average
Growth
76.96% above the market average76.96% above the market average76.96% above the market average76.96% above the market average76.96% above the market average
78.05% above the sector average78.05% above the sector average78.05% above the sector average78.05% above the sector average78.05% above the sector average

BCG Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Dec-23 07-Sep-23
Paid 24-Jan-24 13-Oct-23
Amount 1.00¢ 1.70¢

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

BCG Key Personnel

CEO Justinas Šimkus
CFO Lina Mačienė
COO Simonas Orkinas

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