Apax Sells £47.3 Million of Shares in Baltic Classifieds Group
03.06.24
This is only gets display when printing
Simpson Thacher is advising Antler EquityCo S.à r.l. (“Antler”), which is controlled by funds advised by Apax Partners LLP (“Apax”), in connection with the sale of 21.5 million ordinary shares in the capital of Baltic Classifieds Group PLC (“BCG”) at a price of 220 pence per share by way of an accelerated bookbuild to institutional investors, raising gross sale proceeds of £47.3 million. BCG is listed on the main market of the London Stock Exchange.
The sale follows the previous sale by Antler of 25 million ordinary shares in the capital of BCG in January 2024.
The Simpson Thacher team includes James Howe, Lucy Gillett, Deborah Harris and Antony Freeman (Corporate).