Telecom Plus chair Wigoder, other shareholders sell 4.4% stake in placing
Sharecast
Published Dec 06, 2022 08:10
Updated Dec 06, 2022 08:44
Telecom Plus chair Wigoder, other shareholders sell 4.4% stake in placing
Sharecast - The shares, which represent a stake of around 4.4%, were placed at 2,400p each. This compares to a closing share price of 2,435p on Monday.
The placing was conducted through an accelerated bookbuild, with Peel Hunt and Numis acting as joint bookrunners.
The company, which trades as Utility Warehouse, is not a party to the placing and will not receive any of the proceeds.
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