2nd Apr 2020 18:04
(Alliance News) - Hays PLC on Thursday said it has raised GBP200 million through the placing of 210.5 million shares at 95.0 pence each.
The placing price represents a discount of 13.2% to the closing price of 109.4p on Wednesday. The stock closed 13% lower at 94.80p each on Thursday in London.
Non-Executive Chair Andrew Martin, Chief Executive Alistair Cox and Group Finance Director Paul Venables subscribed for 35,088 shares each at the placing price.
Following admission, the FTSE 250-listed recruitment firm will have 1.68 billion shares in issue.
By Ife Taiwo; [email protected]
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