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IN BRIEF: Marie James Capital to sell shares in Kin & Carta in placing

23rd Nov 2021 21:37

Kin & Carta PLC - London-based business consultancy - Marie James Capital LLC, a company managed by Chief Executive Officer John Schwan on behalf of his children's estate, intends to sell up to 5 million shares, representing 2.9% stake in the company.

The shares will be sold via an accelerated bookbuild, of which Numis Securities Ltd and Peel Hunt LLP will act for Marie James Capital.

Kin & Carta will not receive any proceeds from the placing.

Current stock price: 301.00 pence, down 11% on Tuesday

Year-to-date change: up sharply from 142p

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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