1st May 2018 16:57
LONDON (Alliance News) - Bowleven PLC said Tuesday HSBC Bank PLC has increased its holding in the oil & gas company to 7.1%.
HSBC Bank's stake prior to the transaction was not disclosed, only that it was "below disclosure threshold". HSBC Bank now has an interest in 23.1 million of Bowleven's 326.8 million issued shares.
Shares in Bowleven closed down 1.2% at 36.05 pence each.
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