Marex Group (MRX) Prices 8.47M Share Offering at $24/sh

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Marex Group plc Announces Pricing of the Public Offering

October 24, 2024 9:00 AM EDT

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (Marex) (Nasdaq: MRX), the diversified global financial services platform, today announces the pricing of the public offering (the Offering) of 8,472,333 ordinary shares by certain selling shareholders (the Selling Shareholders) at $24.00 per share. In connection with the Offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 1,270,849 ordinary shares.

Marex is not selling any ordinary shares in the Offering and will not receive any proceeds from any sale of shares by the Selling Shareholders. The Offering... More