Stock Spirits shareholder sells to ramp up liquidity

By Andrew Griffin
10 Apr 2014

Oaktree Capital sold its entire holding in recently floated central and eastern Europe-focused alcoholic drink firm Stock Spirits Group on Monday night. It was an accelerated bookbuild for a possibly unprecedented 500 average trading days volume in the shares.

Before the deal, the stock was up around 31% since its October 2013 IPO, buoyed by strong results at the end of March and a positive reception for the non-deal roadshow that followed. That led to shareholders and new investors asking for new stock in the very illiquid ...

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