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

LONDON (Alliance News) - Vitec PLC said Friday Canaccord Genuity Group Inc built a 5.1% stake in ...

Alliance News 15 March, 2019 | 6:32PM
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LONDON (Alliance News) - Vitec PLC said Friday Canaccord Genuity Group Inc built a 5.1% stake in the content creation technology firm in a transaction on Wednesday.

Canaccord held 2.3 million shares in Vitec after the transaction, equivalent to a 5.1% stake in the 45.3 million shares outstanding in the firm. The holding of Canaccord prior to the transaction - if any - was not disclosed.

Shares in Vitec closed 1.6% higher at 1,238.96 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
Vitec Group (The) PLC 1,200.00 GBX -2.04 -
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