9th Jan 2019 10:49
LONDON (Alliance News) - AO World PLC said Wednesday that FMR LLC holds a 5.0% stake in the online-only white goods and electronics retailer after a transaction on Tuesday.
FMR's holding following the deal was 22.2 million indirect shares and a stock loan equivalent to 1.4 million shares. Its holding prior to the transaction, if any, has not been disclosed.
FMR is the parent of US fund manager Fidelity.
Shares in AO World were down 0.9% at 127.88 pence on Wednesday.
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Ao World