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BC Omega Holdco to sell around 30m shares in TI Fluid Systems in placing

Tue 26 March 2024 16:52 | A A A

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(Sharecast News) - Peel Hunt said on Tuesday that BC Omega Holdco plans to sell around 30m shares in TI Fluid Systems in a placing to institutional investors.

BC Omega currently holds just over 191m shares, which represents a stake of around 37.3%.

The placing price per share will be determined by way of an accelerated bookbuilding process, which has already begun.

Peel Hunt is the sole global co-ordinator and bookrunner on the placing.

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