Posts tagged: SSP

Cash calls, AGAIN - who is next? - Part 2

Wednesday, 10 February 2021, 5:48 pm

It would appear analysts at Morgan Stanley were bang on the money with their prediction that Upper Crust owner SSP would have to carry out a second equity issue.

Indeed, Alice Hancock and Gill Plimmer of the Financial Times have just dug out a rather good scoop suggesting SSP is looking to raise £500 million by way of a rights issue. That is more than double than what the company raised last year on the equity market. Below is a link to their piece:..


Cash calls, AGAIN - who is next?

Tuesday, 19 January 2021, 10:24 pm

There has been plenty of talk over the last few weeks in the London market that some of the big London-listed companies that raised cash on the equity markets last year will be going back to shareholders in the next few weeks or months for fresh funds.

Indeed, JD Wetherspoons last night declared it is looking to raise up to £93 million after receiving £137 million from investors last year...