19th Nov 2019 10:14
(Alliance News) - A shareholder in FTSE 250 refractory products firm RHI Magnesita NV has sold its entire stake, broker Jefferies International Ltd said Tuesday.
GP Investments Ltd has disposed of its entire 3.9% holding, selling 1.9 million shares at a price of 3,750 pence each netting GBP71.5 million.
Jefferies first announced the share sale on Monday after the London market close, though did not give a price at the time.
Vienna-based RHI was trading 1.9% lower on Tuesday morning at 3,854.00p a share.
By George Collard; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
RHI Magnesita