UK's Beauty Tech Group drops on discounted share sale

Beauty Tech

07/05/2026 08:45

** Beauty Tech Group TBTG.L stock falls 3.2% to 300 p

** Stock among top losers on FTSE small-caps .FTSC index, which is up 0.24%

** Co says pre-IPO shareholders sold 8.8 mln ordinary placing at 300 p per share

** Secondary placing represents 7.9% of co's share capital

** YTD, stock has risen about 5%, vs .FTSC's about 3% rise

(Reporting by Tuhina in Bengaluru)

((tuhina@thomsonreuters.com ))