In the confusing aftermath of the British vote to leave the European Union, many issuers faced tough decisions about what to communicate to investors
When the UK voted to leave the EU, companies like Britvic felt the impact almost immediately. In the days that followed the referendum, the soft drinks producer saw its share price fall 10 percent. Soon after, two US investors pulled out of the stock.
‘We were caught up in that basket of FTSE 250 companies perceived as being UK-centric,’ says Steve Nightingale, director of investor relations at the firm. ‘Having spoken to the investors that left, they told us it wasn’t about Britvic per
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495
Tim Human
Senior reporter
