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BRIEF-Hardwood funds, chairman, CCO to sell 22 pct stake in Ten Entertainment via placing
October 2, 2017 / 3:37 PM / 21 days ago

BRIEF-Hardwood funds, chairman, CCO to sell 22 pct stake in Ten Entertainment via placing

Oct 2 (Reuters) - Ten Entertainment Group Plc

* ‍PROPOSED PLACING OF ORDINARY SHARES IN TEN ENTERTAINMENT GROUP PLC (“TEG”) BY CERTAIN HARWOOD FUNDS AND MANAGEMENT SELLERS​‍​

* ‍HARWOOD CAPITAL, NICK BASING AND GRAHAM BLACKWELL TO SELL APPROXIMATELY 14.5 MILLION ORDINARY SHARES IN TEG​

* SALE ‍REPRESENTING APPROXIMATELY 22% OF TEG‘S EXISTING ISSUED SHARE CAPITAL, AT A PRICE OF 180 PENCE PER SHARE BY WAY OF A PLACING​

* ‍PLACING WILL BE EXECUTED THROUGH NUMIS AND PEEL HUNT, TEG‘S BROKERS​ Source text for Eikon: Further company coverage:

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