12th May 2021 14:02
John Menzies PLC - Edinburgh-based aviation services provider - Completes placing of 5.4 million shares priced at 290 pence each, a 6.6% discount to the May 11 closing price, raising GBP15.7 million. Directors subscribed for 1.8 million shares and retail investors subscribed for 344,827 shares at the same price. Total fundraising worth around GBP22 million. New shares and subscriptions account for 9.0% of the company's issued share capital.
Current stock price: 327.39 pence, up 5.4% on Wednesday
Year-to-date change: up 25%
By Ivan Edwards; [email protected]
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