Brooks Macdonald Group Plc announces placement of shares

  • Nov 22, 2019 GMT
  • Team Kalkine
  • The company intends to raise approximately £30 million at a price of 1775 pence per share
  • The company has announced that it has entered into an agreement to acquire 100% of the share capital of Cornelian Asset Managers Group Limited
  • The total net consideration for the acquisition is £39 million
  • On 22nd November 2019, BRK shares were trading at GBX 1,790 at GMT 08:07AM, down 35 points or 1.92% from the previous day’s closing price level.

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