Bridgepoint slumps as shareholders place 14.7m shares
Bridgepoint Group (Reg S)
340.40p
12:29 20/09/24
-11.17%
-42.80p
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
16,128.39
12:30 20/09/24
0.12%
19.75
FTSE 250
20,922.03
12:30 20/09/24
n/a
n/a
FTSE 350
4,567.12
12:30 20/09/24
n/a
n/a
FTSE All-Share
4,523.53
12:30 20/09/24
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.