BP Sells Entire Shareholding in Serica Energy for $61.8 Million
April 28 2022 - 2:50AM
Dow Jones News
By Ian Walker
Jefferies International Ltd. said Thursday that it has now sold
BP PLC's entire shareholding in Serica Energy PLC for 49.3 million
pounds ($61.8 million), as flagged late Wednesday.
The U.S. bank said it has sold 13.5 million Serica shares at 365
pence each. The sale price is a 7.1% discount to Serica's closing
share price of 393.0 pence on Wednesday.
Late Wednesday, Jefferies said it was selling the shares on
behalf of BP Exploration Operating Company Ltd. via a bookbuild
program.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
April 28, 2022 02:35 ET (06:35 GMT)
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