12th Nov 2020 13:30
(Alliance News) -Â Rolls-Royce Holdings PLC on Thursday said it received acceptances of around 94% of the shares to be issued under its GBP2 billion rights issue.
Under the jet engine maker's fully underwritten 10-for-3 rights issue of 6.44 billion shares at 32 pence each, announced at the start of October, the company received acceptances in respect of 6.06 billion shares.
Shares in Rolls-Royce were down 7.0% at 91.56p in London on Thursday.
Underwriters BNP Paribas, Citigroup, Goldman Sachs, HSBC, Jefferies, Morgan Stanley, Credit Agricole CIB, Santander, SMBC Nikko and Societe Generale successfully found subscribers for the remaining 375.1 million shares for which acceptances were not received, Rolls-Royce said in an update Thursday afternoon.
By Lucy Heming;Â [email protected]
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