News
06 May 2016
Share auction continues to Thrive
Building on the success of its inaugural share auction, Thrive Renewables’ latest trading day saw almost 52,000 shares changing hands at a price of £2.25 each.
Article written by alex.lomax
With a range of shares available to purchase, investors were free to bid on as many or few shares as they liked. Bidding closed at 4.30pm and in total 51,842 shares were traded, all at £2.25 per share. This is within 1% of the Directors’ recommended share price and all sellers offering shares at £2.25 or below were cleared.
“It’s great to see these auctions continue to go so well, with a high number of shares traded and all so close to the Directors’ recommended share price. We have high hopes for this monthly approach to share trading which is proving at this early stage to be simpler and more convenient for shareholders.”