{"id":1022431,"date":"2026-07-21T07:34:57","date_gmt":"2026-07-21T02:04:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1022431"},"modified":"2026-07-21T07:41:09","modified_gmt":"2026-07-21T02:11:09","slug":"uks-bt-group-shareholder-sells-substantial-position-in-224-million-offering","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/21\/uks-bt-group-shareholder-sells-substantial-position-in-224-million-offering\/","title":{"rendered":"UK&#8217;s BT Group shareholder sells substantial position in $224 million offering"},"content":{"rendered":"<p>A \u00a3167 million ($224.08 million) stake in Britain&#8217;s biggest telecoms group BT was offered for sale via an accelerated bookbuild, a bookrunner said on Monday. <\/p>\n<p>An undisclosed \u200cshareholder, \u2060who launched \u2060the sale of about 85 million shares in BT, is monetizing the bulk of its position and is not subject to any lock-up on remaining holding. <\/p>\n<p>The deal is secondary, meaning no \u2060new shares \u200care being issued and no proceeds flow to BT. The settlement \u2060is expected on July 23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A \u00a3167 million ($224.08 million) stake in Britain&#8217;s biggest telecoms group BT was offered for sale via an accelerated bookbuild, a bookrunner said on Monday. An undisclosed \u200cshareholder, \u2060who launched \u2060the sale of about 85 million shares in BT, is monetizing the bulk of its position and is not subject to any lock-up on remaining holding. The deal is secondary, meaning no \u2060new shares \u200care being issued and no proceeds flow to BT. The settlement \u2060is expected on July 23.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1022431","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1022431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1022431"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1022431\/revisions"}],"predecessor-version":[{"id":1022432,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1022431\/revisions\/1022432"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1022431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1022431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1022431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}