Moonpig shares slump after placing
Moonpig Group
251.50p
09:04 05/11/24
1.41%
3.50p
Online greeting cards retailer Moonpig slumped on Thursday after shareholders placed 30m shares, or a stake of around 8.8%, in the company.
FTSE 250
20,514.07
09:04 05/11/24
n/a
n/a
FTSE 350
4,522.99
09:05 05/11/24
n/a
n/a
FTSE All-Share
4,479.90
09:05 05/11/24
n/a
n/a
General Retailers
4,511.97
08:54 05/11/24
0.23%
10.53
According to Bloomberg, the shares were placed by holders Exponent Private Equity LLP, LCP VIII Holdings LP, Strategic Partners VII Investments, Aberdeen Standard Investments, LGT Capital Partners, GoldPoint Partners, and K Athena Investments No 40.
The shares were placed at 328p each.
At 0910 BST, they were trading down 4.7% at 332.40p.