UDG issues shares for STEM acquisition

UDG Healthcare has issued 724,997 ordinary shares as part of the initial consideration for the completion of the acquisition of STEM Marketing Limited, the leading global provider of commercial, marketing and medical audits to pharmaceutical companies.

The shares were issued at £6.604, the average daily mid-market share price of the company over the 15 business days post the original announcement date of 21 October.

At 1:51pm: (LON:UDG) UDG Healthcare PLC share price was +1.25p at 663.75p