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
Email Form

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.

Email Form
Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Marechale Capital PLC 1.12 GBX -10.38 -
Schroders PLC 3,234.04 GBX -0.09 -
About Author Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.