The stock offering, equal to almost 15% of its existing share base, was placed at the price of 703 pence a share, representing a 5% discount to the closing price on June 24, the Luton, London-based company said Thursday in a filing.
LONDON: EasyJet Plc raised about £419mil (US$520mil) in a share sale, padding its coffers for the gearing up of flights as the European aviation sector emerges from the pandemic lockdown.
The stock offering, equal to almost 15% of its existing share base, was placed at the price of 703 pence a share, representing a 5% discount to the closing price on June 24, the Luton, London-based company said Thursday in a filing.
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