JPMorgan Chase & Co Cuts Smart Metering Systems Stake Below Threshold (ALLISS)

LONDON (Alliance News) - Smart Metering Systems PLC on Monday said JPMorgan Chase & Co has ...

Alliance News 15 April, 2019 | 2:25PM
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LONDON (Alliance News) - Smart Metering Systems PLC on Monday said JPMorgan Chase & Co has lowered its stake in the company to below the minimum threshold.

Prior to the deal completed on Wednesday, JPMorgan held a 5.2% interest in the firm.

Smart Metering Systems shares were trading down 2.1% at 486.20 pence each Monday.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Smart Metering Systems PLC 483.00 GBX 0.63 -
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