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BT.A Bt Group Plc

104.70
-0.55 (-0.52%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bt Group Plc LSE:BT.A London Ordinary Share GB0030913577 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.55 -0.52% 104.70 104.55 104.65 105.75 104.30 105.40 29,936,957 16:35:02
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 20.92B 1.91B 0.1916 5.46 10.41B

JP Morgan Sells BT Group Shares for GBP59.5 Million

25/03/2020 7:40am

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By Adriano Marchese and Adria Calatayud

 

J.P. Morgan Securities PLC said Wednesday that it has completed a sale of 46.7 million shares of U.K. telecommunications company BT Group PLC at a discount, raising 59.5 million pounds ($69.6 million).

The shares were placed at 127.5 pence each, which represents a 4.0% discount to BT's closing price on Tuesday, J.P. Morgan said.

The brokerage said Tuesday that the sale of shares follows the termination of BT's American Depositary Receipt program with J.P. Morgan. Holders of the ADRs had until March 23 to surrender their American depositary shares for cancellation.

 

Write to Adriano Marchese at adriano.marchese@wsj.com and to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

March 25, 2020 03:25 ET (07:25 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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