22nd Feb 2019 17:22
LONDON (Alliance News) - Gateley Holdings PLC said on Friday that the share placing by selling shareholders and directors has closed, with details to be disclosed on Monday next week.
Earlier on Friday, selling shareholders planned to sell up to 4.0 million shares, reflecting 3.6% of the company's issued share capital at a price of no less than 150 pence per share through an accelerated bookbuild to institutional investors.
Shares in the law firm closed 10% lower at 154.00 pence on Friday.
finnCap Ltd and N+1 Singer Capital Markets Ltd acted as joint bookrunners for the placing.
Related Shares:
Gateley Holdings