Bridgepoint slumps as shareholders place 14.7m shares
Bridgepoint Group (Reg S)
362.40p
15:55 22/01/25
0.50%
1.80p
Bridgepoint slid on Friday after a group of 103 current and former employees and some related entities sold 14.7m shares in a placing.
Financial Services
18,550.81
15:49 22/01/25
1.40%
255.71
FTSE 250
20,591.91
15:55 22/01/25
n/a
n/a
FTSE 350
4,683.58
15:55 22/01/25
n/a
n/a
FTSE All-Share
4,635.56
15:55 22/01/25
n/a
n/a
According to terms seen by Bloomberg, the shares were priced via JPMorgan and Morgan Stanley at 340p each. This is an 11% discount to the last closing price.
At 0940 BST, the shares were down 10% at 344.60p.