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City Financial Drops Entire 13% Cradle Arc Stake After Deal (ALLISS)

4th Oct 2018 11:48

LONDON (Alliance News) - Cradle Arc PLC on Thursday said City Financial Investment Company Ltd, acting as investment manager for City Financial Absolute Equity Fund, dropped its stake in the mining company.

City Financial now has no shares in Cradle Arc following Tuesday's deal, having previously held 13%.

Shares in Cradle Arc were up 16% at 1.07 pence on Thursday.


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CRA.L
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