Orange has completed the sale of its remaining stake in BT Group for a net amount of £486 million

Via Orange

Jun 28, 2019

Orange announces that it has sold its 2.5% residual participation in BT Group plc (the “Share Placement”) for a net amount of GBP 486 million.

Of the total sold shares, around 41 million shares have been acquired by BT Group plc.

The settlement of the Share Placement is expected on 2 July 2019.

Citigroup Global Markets Limited acted as Sole Bookrunner for the Share Placement.

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