Thu, 30th Jun 2022 07:32
(Sharecast News) - Identity and fraud software specialist GB Group slid on Thursday after Audax Management sold 5m shares in the company in a placing.
According to Bloomberg, AG Acuant Holdings - an entity affiliated with Audax Management - sold the shares to institutional investors at 400p each, raising gross proceeds of around £20m.
The placing price represents a 9.7% discount to the closing share price on Wednesday.
At 0830 BST, GB Group shares were down 7.4% at 410.20p.
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on software firm GB Group from 375.0p to 455.0p and moved the stock from 's...
(Alliance News) - GB Group PLC on Tuesday said growth accelerated in the fourth quarter leaving it confident of a pick-up in revenue in the new financ...
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
Gb Group (GBG)