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Glenveagh Properties' Shareholder to Trim Stake via Secondary Share Placement

MT Newswires·09/14/2026 23:58:26
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11:58 PM EDT, 09/14/2026 (MT Newswires) -- Glenveagh Properties' (GVR.IR, GLV.L) shareholder Teleios Capital Partners plans to sell 20 million shares in the Irish homebuilder through a secondary share placement. The accelerated bookbuilding process will begin immediately, with the price to be determined after its completion, according to a Monday filing. Jefferies will serve as the sole bookrunner for the placement, which is subject to current market conditions.