8th Mar 2021 17:46
Zotefoams PLC - Croydon-based maker of foam products for industries including sports, construction, marine, automation, medical equipment and aerospace - Shareholder Sekisui Alveo AG sells 3.8 million shares at a price of 350 pence per share, or GBP13.7 million. Peel Hunt LLP and Investec Bank PLC acted as joint bookrunners for the placing.
Sekisui Alveo now holds remaining interest in Zotefoams.
Current stock price: 415.00 pence
Year-to-date change: up 9.2%
By Dayo Laniyan; [email protected]
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