Macquarie Capital in Amaysim selldown
Macquarie Capital is launching a $62.7 million block trade for shares out of Amaysim this morning.
The 31.34 million shares are being sold at $2 each and are being sold down to institutional investors.
It comes after 59 million shares in the SIM card operator were recently released from escrow.
Amaysim floated on the Australian Securities Exchange more than a year ago, and at the time, the shares of the vendors were subject to escrow until after the company’s annual results.
As first flagged by DataRoom, Macquarie and Investec have been working with Amaysim (AYS) amid earlier speculation that the company could be on the radar of Optus.
Last week, the company delivered a statutory gross profit of $85.4m, up 43.5 per cent on the previous corresponding financial year.
Shares on Friday closed at $2.09.
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