9th Jan 2017 07:15
LONDON (Alliance News) - Lloyds Banking Group PLC said Monday the UK government has sold a further tranche of shares in the company, bringing its holding below 6%.
The UK government, via the UK Financial Investments Ltd which holds its shares in Lloyds, reduced its holding to 4.24 billion shares from 4.94 billion, and its total interest in the bank to 5.95%.
The price at which the shares were sold was not disclosed. Shares in Lloyds closed down 0.3% at 65.68 pence last Friday.
By Adam Clark; [email protected]
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