22nd Mar 2018 12:34
LONDON (Alliance News) - Barralina Asset Management GmbH said Wednesday that it has sold its remaining 3.90% stake in Gym Group PLC via an accelerated bookbuild offering.
Gym Group did not receive any proceeds from the share placing.
The sale was conducted through a placing of up to 5 million existing shares in the company. Joh. Berenberg, Gossler & Co KG, London Branch, acted as sole bookrunner and placing agent in relation to the placing.
Shares in gym operator were down 5.1% at 240.00 pence on Thursday.
Related Shares:
Gym Grp
