B&M European Value Retail S.A. (DI) (BME)

Sector:

Retailers

Index:

FTSE 100

531.80p
   
  • Change Today:
      2.20p
  • 52 Week High: 612.40
  • 52 Week Low: 460.20
  • Currency: UK Pounds
  • Shares Issued: 1,002.79m
  • Volume: 222,178
  • Market Cap: £5,333m
  • RiskGrade: 144

B&M tumbles after SSA Investments sells 27.8m shares in placing

By Michele Maatouk

Date: Wednesday 13 Dec 2023

LONDON (ShareCast) - (Sharecast News) - B&M European Value Retail tumbled on Wednesday after SSA investments sold 27.8m shares in the discount retailer in a placing.
The shares were priced at 582.5p each - a 3% discount to the closing share price on Tuesday - raising aggregate gross sale proceeds of £162.1m.

The shares were sold via Goldman Sachs International and Rothschild and represent about 2.8% of B&M's issued share capital.

After the sale, SSA will still hold around 3.4% of B&M's ordinary shares.

At 1235 GMT, the shares were down 6.4% at 562p.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BME Market Data

Currency UK Pounds
Share Price 531.80p
Change Today 2.20p
% Change 0.42 %
52 Week High 612.40
52 Week Low 460.20
Volume 222,178
Shares Issued 1,002.79m
Market Cap £5,333m
RiskGrade 144

BME Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.18% below the market average1.18% below the market average1.18% below the market average1.18% below the market average1.18% below the market average
28.21% below the sector average28.21% below the sector average28.21% below the sector average28.21% below the sector average28.21% below the sector average
Price Trend
33.87% above the market average33.87% above the market average33.87% above the market average33.87% above the market average33.87% above the market average
48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average
Income
32.25% above the market average32.25% above the market average32.25% above the market average32.25% above the market average32.25% above the market average
15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average
Growth
54.66% below the market average54.66% below the market average54.66% below the market average54.66% below the market average54.66% below the market average
10% below the sector average10% below the sector average10% below the sector average10% below the sector average10% below the sector average

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 5
Sell 1
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BME Dividends

  Latest Previous
  Special Interim
Ex-Div 18-Jan-24 16-Nov-23
Paid 09-Feb-24 15-Dec-23
Amount 20.00p 5.10p

Trades for 08-May-2024

Time Volume / Share Price
12:56 8 @ 531.80p
12:55 1 @ 531.80p
12:54 1 @ 531.60p
12:54 82 @ 531.60p
12:54 68 @ 531.60p

BME Key Personnel

CEO Alex Russo
CFO Mike Schmidt

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