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IN BRIEF: Danish pension plan sells 50 million Helios Towers shares

20th Nov 2024 09:06

Helios Towers PLC - London-headquartered telecommunications tower owner - Arbejdsmarkedets Tillægspension sells 50.6 million Helios shares at 94 pence each, worth GBP48 million. The share sale, first announced after the London market close on Tuesday, was run as an accelerated bookbuild by BofA Securities Europe SA. ATP doesn't say how many shares it held prior to or holds after the sale. Hillerod, Denmark-based ATP is Denmark's largest pension and processing company. It was established by the Danish Parliament by law in 1964.

Current stock price: 95.10p, down 6.2% in London on Wednesday morning

12-month change: up 30%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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