7th Feb 2017 16:20
LONDON (Alliance News) - Manchester & London Investment Trust PLC Tuesday said M&M Investment Company, a vehicle connected to the trust's manager Mark Sheppard, sold 100,000 shares at a price of 299 pence per share on Monday.
Following the sale, Sheppard holds a beneficial interest in 13.5 million shares, which equals a 62.47% stake in the trust.
The stock was up 1.4% at 302.19p Tuesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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