29th May 2014 17:12
LONDON (Alliance News) - Vesuvius PLC Thursday said Cevian Capital II G.P. Ltd has acquired 52,239 shares in the company at 442 pence each.
The buyer is connected to Christer Gardell, the non-executive director who manages Cevian Capital.
Cevian Capital II GP Ltd now owns a 21.11% stake in Vesuvius, more than 57.2 million shares.
Cevian Capital II GP Ltd acts as general partner for Cevian Capital II Master Fund L.P.
The shares were acquired Thursday.
Vesuvius shares Thursday closed at 450.3 pence, up 1.2%.
By Samuel Agini; [email protected]; @samuelagini
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