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Morgan Stanley Lowers Stake In Premier Oil To Below Notifiable Level

16th Aug 2019 17:28

(Alliance News) - Premier Oil PLC on Friday said Morgan Stanley reduced its holding in the exploration and production company following a transaction on Wednesday.

Morgan Stanley chopped its stake to below the 3.0% notifiable threshold, having previously held 5.2% interest.

Premier Oil shares closed 3.1% higher in London on Friday at 67.08 pence each.


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PMO.L
FTSE 100 Latest
Value8,809.74
Change53.53