8th Mar 2019 14:29
LONDON (Alliance News) - Ophir Energy PLC said Friday Bank of America Corp has decreased its stake in the oil and gas company to below the notifiable threshold after a transaction on Wednesday.
Prior to the transaction, the bank held a 7.0% stake in the company.
Shares in Ophir, which in January agreed a GBP390 million offer from Indonesia's PT Medco Energi Internasional Tbk, were down 0.1% at 54.85 pence on Friday afternoon.
Related Shares:
OPHR.L