By Michele Maatouk
Date: Wednesday 24 Apr 2024
LONDON (ShareCast) - (Sharecast News) - Mitie shares slumped on Wednesday after investment fund Alchemy sold 40m shares in the outsourcing and energy services company in a placing.
The shares were sold by way of any accelerated bookbuild to institutional investors at 112p each, raising gross proceeds of about £44.8m.
Following completion of the placing, Alchemy will hold just over 31m shares in Mitie, which is a stake of around 2.33%.
Peel Hunt acted as sole global co-ordinator and bookrunner in connection with the placing.
At 0850 BST, the shares were down 4.2% at 115p.
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Currency | UK Pounds |
Share Price | 118.60p |
Change Today | 2.60p |
% Change | 2.24 % |
52 Week High | 121.60 |
52 Week Low | 88.90 |
Volume | 856,765 |
Shares Issued | 1,332.52m |
Market Cap | £1,580.37m |
RiskGrade | 216 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 4 |
Buy | 1 |
Neutral | 0 |
Sell | 0 |
Strong Sell | 0 |
Total | 5 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 14-Dec-23 | 22-Jun-23 |
Paid | 31-Jan-24 | 04-Aug-23 |
Amount | 1.00p | 2.20p |
Time | Volume / Share Price |
15:03 | 973 @ 118.50p |
15:03 | 7 @ 118.60p |
15:01 | 111 @ 118.52p |
15:00 | 1,846 @ 118.60p |
15:00 | 2,778 @ 118.60p |
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