24th Jan 2014 12:37
LONDON (Alliance News) - Optimal Payments PLC Friday said two of its major shareholders, IIU Nominees Ltd and Aurum Nominees Ltd, are proposing to sell shares in Optimal through a share placing.
The online payments provider said the two shareholders are planning to sell 44.6 million shares in the company at a price of 365 pence per share via an accelerated bookbuild through Canaccord Genuity Ltd.
The placement would raise gross proceeds of GBP162.8 million and represents 30% of Optimal Payments' total issued shares.
Optimal Payments shares were down 6.3% to 375.00 pence Friday.
By Tom McIvor; [email protected]; @TomMcIvor1
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