Canaccord Genuity Builds 5.6% RM Stake After Transaction (ALLISS)

LONDON (Alliance News) - RM PLC said Friday Canaccord Genuity Group Inc built a 5.6% stake in the ...

Alliance News 15 March, 2019 | 6:07PM
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LONDON (Alliance News) - RM PLC said Friday Canaccord Genuity Group Inc built a 5.6% stake in the education sector technology provider in a transaction on Wednesday.

Canaccord held 4.7 million shares in RM after the transaction, equivalent to a 5.6% stake in the 83.9 million shares outstanding in the firm. The holding of Canaccord prior to the transaction - if any - was not disclosed.

Shares in RM closed 0.8% higher at 244.00 pence on Friday.

By Ahren Lester; ahrenlester@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
RM PLC 235.00 GBX -2.08 -
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