Issuing a Q1 20 trading statement, Informa announced that it would temporarily suspend dividends while accelerating cost savings due to COVID-19. It also announced its intention to place a maximum of 250,318k ordinary shares (i.e. c.19.99% of the current share capital) via bookbuilding to be launched today. Note that 125,159k shares (9.99% of the capital) will be issued under the company’s existing share capital authority and 125,159k will be issued conditional to shareholders’ ap
16 Apr 2020
Dividend suspended and ordinary share placing
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Dividend suspended and ordinary share placing
Informa Plc (INF:LON) | 792 -106.1 (-1.7%) | Mkt Cap: 10,773m
- Published:
16 Apr 2020 -
Author:
Véronique Cabioc'h -
Pages:
3
Issuing a Q1 20 trading statement, Informa announced that it would temporarily suspend dividends while accelerating cost savings due to COVID-19. It also announced its intention to place a maximum of 250,318k ordinary shares (i.e. c.19.99% of the current share capital) via bookbuilding to be launched today. Note that 125,159k shares (9.99% of the capital) will be issued under the company’s existing share capital authority and 125,159k will be issued conditional to shareholders’ ap