24th Sep 2018 18:40
LONDON (Alliance News) - BlackRock Inc on Monday said it reduced its holding in easyJet PLC to below 5%, whilst at the same time increasing its stake in Inmarsat PLC to 5.1%.
BlackRock reduced its holding in easyJet's 397.2 million issued shares from 5.0% to an undisclosed stake.
In a separate transaction, the investment company raised its Inmarsat interest to 23.2 million of the company's 461.6 million issued shares.
Shares in easyJet closed down 1.0% Monday at 1,380.00 pence each while Inmarsat closed up 0.5% at 499.00p each.
Related Shares:
InmarsateasyJet