Moonpig shares slump after placing
Moonpig Group
171.00p
08:10 19/04/24
0.59%
1.00p
Online greeting cards retailer Moonpig slumped on Thursday after shareholders placed 30m shares, or a stake of around 8.8%, in the company.
FTSE 250
19,278.00
09:00 19/04/24
n/a
n/a
FTSE 350
4,307.13
09:00 19/04/24
n/a
n/a
FTSE All-Share
4,263.53
09:00 19/04/24
n/a
n/a
General Retailers
3,824.29
08:59 19/04/24
0.51%
19.29
According to Bloomberg, the shares were placed by holders Exponent Private Equity LLP, LCP VIII Holdings LP, Strategic Partners VII Investments, Aberdeen Standard Investments, LGT Capital Partners, GoldPoint Partners, and K Athena Investments No 40.
The shares were placed at 328p each.
At 0910 BST, they were trading down 4.7% at 332.40p.