Baltic Classifieds Group (BCG)

Sector:

IT Services

Index:

FTSE 250

360.50p
   
  • Change Today:
      3.00p
  • 52 Week High: 372.50p
  • 52 Week Low: 226.50p
  • Currency: UK Pounds
  • Shares Issued: 484.35m
  • Volume: 3,217,426
  • Market Cap: £1,746.09m
  • Beta: 0.02

Apax Partners sells 27m shares in Baltic Classifieds in placing

By Michele Maatouk

Date: Thursday 09 May 2024

LONDON (ShareCast) - (Sharecast News) - Apax Partners has sold 27m shares in Baltic Classifieds in a placing, according to a filing by Merrill Lynch International.
The shares, which represent a stake of around 5.5%, were sold at 223p each, raising gross proceeds of approximately £60.2m.

The placing was originally meant to be 21.5m shares but was upsized by about 25% "on the back of strong deal momentum", Merrill said.

Following settlement of the placing, which is expected to take place on 13 May, Apax Partners will continue to hold about 21.1% of BCG's ordinary shares.

BofA Securities acted as sole global coordinator in connection with the placing

BCG is not a party to the placing and will not receive any proceeds.

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

 

BCG Market Data

Currency UK Pounds
Share Price 360.50p
Change Today 3.00p
% Change 0.84 %
52 Week High 372.50p
52 Week Low 226.50p
Volume 3,217,426
Shares Issued 484.35m
Market Cap £1,746.09m
Beta 0.02

BCG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.33% below the market average92.33% below the market average92.33% below the market average92.33% below the market average92.33% below the market average
90% below the sector average90% below the sector average90% below the sector average90% below the sector average90% below the sector average
Price Trend
80.26% above the market average80.26% above the market average80.26% above the market average80.26% above the market average80.26% above the market average
78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average78.57% above the sector average
Income
16.16% below the market average16.16% below the market average16.16% below the market average16.16% below the market average16.16% below the market average
30.77% below the sector average30.77% below the sector average30.77% below the sector average30.77% below the sector average30.77% below the sector average
Growth
88.71% above the market average88.71% above the market average88.71% above the market average88.71% above the market average88.71% above the market average
89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average89.74% above the sector average

BCG Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Dec-24 12-Sep-24
Paid 24-Jan-25 18-Oct-24
Amount 2.10¢ 2.10¢

Trades for 30-May-2025

Time Volume / Share Price
16:45 42,287 @ 360.50p
16:42 21,240 @ 360.50p
16:35 2,610,124 @ 360.50p
16:35 14,892 @ 360.50p
16:35 744 @ 360.50p

BCG Key Personnel

CEO Justinas Šimkus
CFO Lina Mačienė
COO Simonas Orkinas

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