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Asset Manager Schroders Raises Accrol Holding By 2.5% (ALLISS)

3rd May 2018 16:44

LONDON (Alliance News) - Soft tissue products firm Accrol Group Holdings PLC said on Thursday that Schroders PLC raised its stake in the company by 2.5%.

Before the transaction the asset management company held 7.8% of Accrol's shares, which it has increased to 10.3% on Wednesday.

In total, Schroders now owns 13.3 million shares of the 129.0 million issued by Accrol.

Accrol shares closed up 4.2% on Thursday at 18.50 pence each.


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