Derichebourg: family places 2% of capital.
(CercleFinance.com) - Derichebourg said this morning that the financial holding company for the environment and recycling (CFER), resulting from the family shareholding company, has sold nearly 3.
3 million of the group's shares, i.e. 2% of the capital.
This discount is relatively high, which explains why the stock is currently down around 6% on the Paris Stock Exchange.
Indeed, the securities have been sold through a private placement by accelerated construction of the book of orders "which was largely oversubscribed to," according to the company. However, the unit price of this sale amounted to 6.8 euros per share, representing a significant discount of 7.6% compared to yesterday's (3 July) closing price.
The gross amount of the investment therefore amounts to around 22.3 million euros.
CFER now holds 50.12% of Derichebourg's capital, with the group's free float amounting to 48.5%.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
3 million of the group's shares, i.e. 2% of the capital.
This discount is relatively high, which explains why the stock is currently down around 6% on the Paris Stock Exchange.
Indeed, the securities have been sold through a private placement by accelerated construction of the book of orders "which was largely oversubscribed to," according to the company. However, the unit price of this sale amounted to 6.8 euros per share, representing a significant discount of 7.6% compared to yesterday's (3 July) closing price.
The gross amount of the investment therefore amounts to around 22.3 million euros.
CFER now holds 50.12% of Derichebourg's capital, with the group's free float amounting to 48.5%.
Copyright (c) 2017 CercleFinance.com. All rights reserved.