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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Old Mutual | LSE:OML | London | Ordinary Share | GB00B77J0862 | ORD 11 3/7P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 210.90 | 211.10 | 211.30 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Carlo Martuscelli
Old Mutual PLC (OML.LN) said Monday that it has priced the initial public offering of its Quilter PLC wealth-management business at 145 pence per share.
The financial holding company said it will sell 165 million Quilter shares as part of the offering and receive proceeds of around 231.1 million pounds ($306.4 million). Quilter said 1 million shares will be sold to certain nonexecutive directors of both companies.
Quilter said the float will give it a market capitalization of around GBP2.76 billion. Shares will be traded both in London and Johannesburg.
London shares of the company will trade with the ticker code QLT.
Previously, Old Mutual said the price range for the float was between 125 pence and 155 pence per share.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
June 25, 2018 02:49 ET (06:49 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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