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Investec Asset Management Buys 5.6% Stake In Countrywide (ALLISS)

LONDON (Alliance News) - Countrywide PLC on Tuesday said Investec Asset Management Ltd holds a ...

Alliance News 3 October, 2017 | 3:44PM
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LONDON (Alliance News) - Countrywide PLC on Tuesday said Investec Asset Management Ltd holds a 5.6% stake in the company following a transaction on Monday, having not held a stake in the company previously.

Investec holds the stake in the full service residential estate agency and property services provider through 13.3 million shares.

Countrywide shares were up 2.0% on Tuesday afternoon at 113.50 pence. At that price, Investec's shareholding would be worth in the region of GBP15.1 million.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Countrywide PLC 4.18 GBX -0.42 -

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Alliance News

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