26th Sep 2018 16:57
LONDON (Alliance News) - Numis Securities Ltd said that Bestseller United A/S subsidiary Aktieselskabet af 5.5.2010 intends to sell 2.0 million shares in online fashion retailer ASOS PLC, reflecting 2.4% of the company's issued share capital.
The shares will be offered through an accelerated bookbuild and will be launched immediately, with Numis Securities is acting as sole bookrunner.
The final number of placing shares, as well as the price will be agreed upon by Numis at the close of the bookbuild process.
ASOS will not receive any proceeds from the placing.
Shares in ASOS closed up 2.6% at 5,950.79 pence on Wednesday.
Related Shares:
ASOS