Latest news:

2020 Steiermark Grand Prix Rd 2. Countdown

Report This Message
Are you sure you want to report this post?

Re: Anyone bet on F1?
Posted by: IanSmithISA
Date: 11/03/2020 06:39
Good morning,

No, but I might buy some Aston Martin shares and start supporting Racing Point.

The Company today announces the details of a 14 for 25 fully committed and underwritten Rights Issue of 153.2 million New Shares to raise gross proceeds of approximately 318 million.

The issue price of 207 pence per New Share represents:

a discount of 47% to the Closing Price on 26 February 2020 (being the last business day prior to the date of this announcement);

This issue is due to take place on the 16th of March, yesterday's closing price was 197.65 pence.

The Stroll consortium bought 45 million new shares at 400p and have committed to take their 14 for 25 right issue share allocation as well as some of another party's entitlement.



You may optionally give an explanation for why this post was reported, which will be sent to the moderators along with the report. This can help the moderator to understand why you reported the post.

We record all IP addresses on the Sportnetwork message boards which may be required by the authorities in case of defamatory or abusive comment. We seek to monitor the Message Boards at regular intervals. We do not associate Sportnetwork with any of the comments and do not take responsibility for any statements or opinions expressed on the Message Boards. If you have any cause for concern over any material posted here please let us know as soon as possible by e-mailing