Michele Maatouk Sharecast News
20 Sep, 2024 09:41 20 Sep, 2024 09:42

Bridgepoint slumps as shareholders place 14.7m shares

dl bridgepoint group plc ftse 250 financials financial services investment banking and brokerage services asset managers and custodians logo
Bridgepoint GroupSharecast graphic / Josh White

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.

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