Thursday October 1, 2020

Glanbia up 6% following Co-op's share placing

Food group Glanbia has reported that Glanbia Co-operative has placed 8.84 million shares, equivalent to three per cent of its issued share capital, at a price of €7.60 each.

18th December, 2012
2
A range of Glanbia brands.

Shares in food group Glanbia rose 6 per cent today after the food group took the final step towards spinning out its milk production into a new joint venture.

Glanbia Co-operative this morning placed 8.84 million of the PLC's shares, equivalent to three per cent of its issued share capital, at a price of €7.60 each.

This will leave the Co-op with 48.3 per cent of Glanbia.

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