Baltic Classifieds Group (BCG)

Sector:

IT Services

Index:

FTSE 250

340.50p
   
  • Change Today:
      8.00p
  • 52 Week High: 342.00
  • 52 Week Low: 207.50
  • Currency: UK Pounds
  • Shares Issued: 484.35m
  • Volume: 2,057,617
  • Market Cap: £1,649.22m
  • Beta: 0.90

Apax Partners sells 27m shares in Baltic Classifieds in placing

By Michele Maatouk

Date: Thursday 09 May 2024

LONDON (ShareCast) - (Sharecast News) - Apax Partners has sold 27m shares in Baltic Classifieds in a placing, according to a filing by Merrill Lynch International.
The shares, which represent a stake of around 5.5%, were sold at 223p each, raising gross proceeds of approximately £60.2m.

The placing was originally meant to be 21.5m shares but was upsized by about 25% "on the back of strong deal momentum", Merrill said.

Following settlement of the placing, which is expected to take place on 13 May, Apax Partners will continue to hold about 21.1% of BCG's ordinary shares.

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

BCG is not a party to the placing and will not receive any proceeds.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

BCG Market Data

Currency UK Pounds
Share Price 340.50p
Change Today 8.00p
% Change 2.41 %
52 Week High 342.00
52 Week Low 207.50
Volume 2,057,617
Shares Issued 484.35m
Market Cap £1,649.22m
Beta 0.90

BCG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.27% below the market average91.27% below the market average91.27% below the market average91.27% below the market average91.27% below the market average
85% below the sector average85% below the sector average85% below the sector average85% below the sector average85% below the sector average
Price Trend
94.34% above the market average94.34% above the market average94.34% above the market average94.34% above the market average94.34% above the market average
88.51% above the sector average88.51% above the sector average88.51% above the sector average88.51% above the sector average88.51% above the sector average
Income
21.24% below the market average21.24% below the market average21.24% below the market average21.24% below the market average21.24% below the market average
25.93% below the sector average25.93% below the sector average25.93% below the sector average25.93% below the sector average25.93% below the sector average
Growth
84.35% above the market average84.35% above the market average84.35% above the market average84.35% above the market average84.35% above the market average
82.50% above the sector average82.50% above the sector average82.50% above the sector average82.50% above the sector average82.50% above the sector average

BCG Dividends

  Latest Previous
  Final Interim
Ex-Div 12-Sep-24 14-Dec-23
Paid 18-Oct-24 24-Jan-24
Amount 2.10¢ 1.00¢

Trades for 22-Nov-2024

Time Volume / Share Price
16:36 132,957 @ 340.74p
16:36 174,755 @ 339.73p
16:35 244,739 @ 340.50p
16:35 547 @ 340.50p
16:35 2,498 @ 340.50p

BCG Key Personnel

CEO Justinas Šimkus
CFO Lina Mačienė
COO Simonas Orkinas

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