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IN BRIEF: Mitie Group Rights Issue Gets 93% Acceptances; Places Rest

Wed, 29th Jul 2020 13:47

Mitie Group PLC - London-based strategic outsourcing and energy services - Gets acceptances for 752.2 million shares, approximately 93% offered in 11 for 5 rights issue at 25 pence each. Joint global coordinators for the right issue Jefferies International Ltd and JP Morgan Cazenove place remaining 52.9 million shares at 31p. Raises GBP204 million in total.

Current stock price: 34.19

Year-to-date change: down 54%

By Greg Roxburgh; gregroxburgh@alliancenews.com

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