StockMarketWire.com - Insurance company Beazley said had it had raised $300m through a discounted equity fundraise.
The company palced 78,514,505 shares, raising gross proceeds of approximately £247m (approximately $300m) at a price of 315 pence, representing a discount of 4.9% to the closing share price of 331.4p on 18 May 2020.
At 9:57am: [LON:BEZ] Beazley PLC share price was +32.7p at 364.1p
Story provided by StockMarketWire.com
Shares Magazine

Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events

Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.