skip to content

Market News

AB Dynamics placing oversubscribed

07 December 2016 07:22

AB Dynamics has raised £5.4 million through a placing of 1,136,842 ordinary shares yesterday at 475p apiece which was more than 3.5 times oversubscribed. Selling shareholders agreed to sell 300,000 shares to part satisfy the excess demand.

The placing price represents a discount of approximately 6% to the average closing price for the preceding five business days.

Story provided by StockMarketWire.com

Related Company: ABDP

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.