21st Mar 2019 14:16
LONDON (Alliance News) - Senior PLC on Thursday said BlackRock Inc now has a less than 5% stake in the aerospace and defence engineering company after a deal on Tuesday.
BlackRock's holding in the FTSE 250-listed company prior to the transaction was 5.1%.
In early March, Senior reported its pretax profit had risen 17% to GBP61.3 million in 2018 from GBP52.2 million in 2017 with revenue up 5.9% at GBP1.08 billion from GBP1.02 billion.
Shares in Senior were down 1.3% at 210.00 pence on Thursday afternoon.
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