Tue, 26th Mar 2024 16:52
(Sharecast News) - Peel Hunt said on Tuesday that BC Omega Holdco plans to sell around 30m shares in TI Fluid Systems in a placing to institutional investors.
BC Omega currently holds just over 191m shares, which represents a stake of around 37.3%.
The placing price per share will be determined by way of an accelerated bookbuilding process, which has already begun.
Peel Hunt is the sole global co-ordinator and bookrunner on the placing.
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(Alliance News) - Stock prices in London closed slightly higher on Wednesday, as investors look firmly ahead to Friday's key inflation reading from th...
(Alliance News) - Shares in TI Fluid Systems PLC fell sharply on Wednesday after an investor sold a block of shares at a heavily discounted price.
(Sharecast News) - Peel Hunt said on Wednesday that BC Omega Holdco sold 50m ordinary shares in TI Fluid Systems in a placing.
TI Fluid Systems (TIFS)