3rd Jun 2019 18:24
LONDON (Alliance News) - Atlas Mara Ltd on Monday said Barclays PLC upped its holding in the banking company following a transaction on May 23.
The FTSE 100-listed bank increased its stake to 5.7% from below the notifiable level.
Atlas Mara was founded by former Barclays Chief Executive Officer Bob Diamond. Diamond recently stepped back from his chair role at Atlas Mara to take up a non-executive director position the African banking investor.
Atlas Mara shares closed down 1.65 in London on Monday at USD1.55 each, while Barclays shares ended the day up 0.1% at 149.48 pence each.
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