Investment Corp Of Dubai Builds 22% Stake In Network International (ALLISS)

(Alliance News) - Network International Holdings PLC said Tuesday the Investment Corp of Dubai ...

Alliance News 18 June, 2019 | 6:33PM
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(Alliance News) - Network International Holdings PLC said Tuesday the Investment Corp of Dubai built a 22% stake in the IT services firm after a transaction last Monday.

Investment Corp held 112.2 million shares in Network after the transaction, equivalent to a 22% stake in the 500.0 million shares in the firm outstanding.

Shares in Network closed 0.3% lower at 597.00 pence in London on Tuesday.

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
Network International Holdings PLC 611.00 GBX 0.16 -
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