20th Oct 2021 17:55
Gateley Holdings PLC - Birmingham-based legal and professional services group - Says certain directors and employees intend to sell up to 5 million shares at a price of 220 pence per placing share, totalling GBP11 million. Placing will be conducted via accelerated bookbuild to institutional investors which will be launched immediately. The final number of placing shares and the price at which they are to be placed will be agreed by Liberum and the selling shareholders at the close of the bookbuild process, it adds.
Current stock price: 237.50 pence
Year-to-date change: up 60%
By Arvind Bhunjun; [email protected]
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