Bringing you live news and features since 2006 

Flow Traders’ free float rises to 71.3 per cent

RELATED TOPICS​

Flow Traders' free float has increased to approximately 71.3 per cent as major shareholders Summit Partners, Avalon and Javak have sold approximately 5.9 million shares to institutional investors in an accelerated bookbuilding process. No shares were issued or sold by the company.

The shares placed represent approximately 12.65 per cent of Flow Traders' issued share capital. This will increase Flow Traders' free float to approximately 71.3 per cent.

Immediately upon completion of the transaction, Summit Partners will no longer hold any shares in the capital of Flow Traders, and Javak and Avalon will each hold approximately 12.3 per cent of Flow Traders' issued share capital.

Latest News

Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..
Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms reveals that the Tradeweb European ETF marketplace reached..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by