11th Nov 2015 18:14
LONDON (Alliance News) - Hastings Group Holdings PLC on Wednesday said that Credit Suisse Securities (Europe) Ltd, as the stabilising manager of its initial public offering, has exercised the over-allotment option granted by the company and shareholders over 974,794 shares in the company.
That means the over-allotment shares will be sold at the offer price of 170 pence per share.
Shares in Hastings closed down 1.3% at 161.50 pence on Wednesday.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
HSTG.L