30th Mar 2021 21:45
Pebble Group PLC - Manchester-based technology and services for promotional products industry - Funds managed by Elysian Capital LLP intends to sell up to 12.0 million shares in the group, which reflect 7.2% of the company's issued share capital via an accelerated bookbuild.
Joh Berenberg, Gossler & Co KG will act as the sole bookrunner and placing agent.
Following the placing, the seller will hold 11.3 million shares overall, representing a 6.7% interest in Pebble, which will not receive any proceeds from the placing.
Current stock price: 143.80 pence
Year-to-date change: up 11%
By Dayo Laniyan; [email protected]
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