Admiral slumps after secondary sale

Admiral shares slumped on Tuesday after Bloomberg reported an offering of 1.61m shares in the insurance company.

  • Admiral Group
  • 21 June 2024 17:30:17
Admiral Group

Source: Sharecast

The offering was priced at 2,011p, according to terms of the deal obtained by Bloomberg, to raise £32m.

Barclays is the sole global coordinator for the deal.

At 0910 BST, Admiral shares were down 5.2% at 1,924.50p.

Exchange: London Stock Exchange
Sell:
0.00
Buy:
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Change: -34.74 ( -0.42 %)
Date:
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