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

Bridgepoint slumps as shareholders place 14.7m shares

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Bridgepoint GroupSharecast graphic / Josh White

Bridgepoint Group (Reg S)

360.60p

17:15 21/01/25
-0.66%
-2.40p

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

18,295.10

17:10 21/01/25
0.89%
161.00

FTSE 250

20,595.73

17:09 21/01/25
n/a
n/a

FTSE 350

4,689.88

17:10 21/01/25
n/a
n/a

FTSE All-Share

4,641.76

17:15 21/01/25
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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