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Cinven and Permira sell 95m JRP shares

29 March 2017 08:26

Cinven and Permira have sold 95 million ordinary shares in JRP Group - around 10.2% of the issued share capital - at 130p apiece.

Cinven and Permirn announced on 28 March that certain of their funds proposed to sell 75 million ordinary shares in JRP but this was increased due to due to strong investor demand.

Cinven has sold 38 million ordinary shares and Permira has sold 57 million ordinary shares.

At 8:26am:

(LON:JRP) JRP Group PLC share price was -3.55p at 135.35p

Story provided by StockMarketWire.com

Related Company: JRP

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