Me Group International (MEGP)

Sector:

Leisure Products

Index:

FTSE 250

220.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 230.00
  • 52 Week Low: 171.00
  • Currency: UK Pounds
  • Shares Issued: 377.56m
  • Volume: 182,121
  • Market Cap: £830.64m
  • Beta: 0.00

Montefiore sells bigger-than-planned stake in Me Group

By Josh White

Date: Friday 28 Feb 2025

LONDON (ShareCast) - (Sharecast News) - Montefiore Investment has sold 26.5 million shares in Me Group International, it was confirmed on Friday, representing 7% of the company's issued share capital, through an accelerated bookbuild.
The shares were placed at 200p each, with Berenberg acting as the sole bookrunner.

According to regulatory announcements, the transaction, announced on 27 February, initially targeted a sale of around 5% of Me Group's share capital, but resulted in a larger divestment.

Following completion, Montefiore would retain a 5% stake, equating to 18.9 million shares.

The firm agreed to a 45-day lock-up period, subject to certain exceptions and Berenberg's consent.

Me Group was not involved in the placing and would not receive any proceeds.

Settlement was expected on 4 March.

At 0950 GMT, shares in Me Group International were down 9.37% at 199.39p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

MEGP Market Data

Currency UK Pounds
Share Price 220.00p
Change Today -1.00p
% Change -0.45 %
52 Week High 230.00
52 Week Low 171.00
Volume 182,121
Shares Issued 377.56m
Market Cap £830.64m
Beta 0.00

MEGP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.44% below the market average86.44% below the market average86.44% below the market average86.44% below the market average86.44% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average
Price Trend
71.06% above the market average71.06% above the market average71.06% above the market average71.06% above the market average71.06% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income Not Available
Growth
58.46% above the market average58.46% above the market average58.46% above the market average58.46% above the market average58.46% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MEGP Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Apr-25 07-Nov-24
Paid 23-May-25 29-Nov-24
Amount 4.45p 3.45p

Trades for 11-Jul-2025

Time Volume / Share Price
16:35 37,066 @ 220.00p
16:35 982 @ 220.00p
16:35 120 @ 220.00p
16:35 356 @ 220.00p
16:35 437 @ 220.00p

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