21st Aug 2018 18:15
LONDON (Alliance News) - John Laing Infrastructure Fund Ltd said Tuesday that Sand Grove Capital Management LLP had nearly doubled its stake in the company to 10% after a transaction on Friday.
Sand Grove raised its equity contracts for difference to the equivalent of 99.4 million shares. Prior to the transaction, Sand Grove held a 5.1% stake in the company.
Shares in John Laing Infrastructure closed up 0.1% at 145.80 pence per share on Tuesday.
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John Laing Infrastructure Fund