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

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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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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