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Schroders Reduces Interest In Marechale Capital (ALLISS)

LONDON (Alliance News) - Marechale Capital PLC on Monday said that asset management company ...

Alliance News 16 April, 2018 | 3:16PM
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LONDON (Alliance News) - Marechale Capital PLC on Monday said that asset management company Schroders PLC cut its holding in the corporate finance firm.

In a transaction last Thursday, Schroders reduced its stake to below notifiable level of 5.0%, having previously held 6.8%.

Shares in Marechale Capital were trading 28% lower at 1.30 pence per share on Monday.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Marechale Capital PLC 1.55 GBX 0.00 -
Schroders PLC 3,244.00 GBX -0.58 -
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