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Schroders Doubles Redt Energy Stake To 11% After Deal (ALLISS)

10th Oct 2018 17:13

LONDON (Alliance News) - Redt Energy PLC said Wednesday that Schroders PLC has increased its stake in the energy storage company to 10.8% after a transaction on Tuesday.

Schroders raised its holding to 85.2 million shares. Prior to the transaction, Schroders held a 5.4% stake in the company.

Shares in Redt closed down 4.7% at 7.10 pence per share on Wednesday. Schroders closed down 1.3% at 3,005.00p.


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