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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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 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 7 |
Buy | 5 |
Neutral | 5 |
Sell | 1 |
Strong Sell | 0 |
Total | 18 |
Latest | Previous | |
---|---|---|
Special | Interim | |
Ex-Div | 18-Jan-24 | 16-Nov-23 |
Paid | 09-Feb-24 | 15-Dec-23 |
Amount | 20.00p | 5.10p |
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 |
CEO | Alex Russo |
CFO | Mike Schmidt |
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