Antin drops after first free float expansion since IPO

Antin Infrastructure Partners SAS

17/01/2025 09:22

** Shares in Antin  ANTIN.PA  drop 4.9% after the French
private equity firm announced its first free float expansion
since its IPO
    ** It says a group of partners sold 4.55 million of its
ordinary shares, 2.5% of its share capital, for 10.4 euros per
share through accelerated book building
    ** The sale price translates to a discount of 1.12 euros per
share and increases the free float to 16.2% of Antin's
outstanding shares
    ** Friday's share move wipes away Antin's YTD gains

 (Reporting by Dimitri Rhodes)
 ((Dimitri.rhodes@thomsonreuters.com))