2nd Jan 2019 14:35
LONDON (Alliance News) - Foxtons Group PLC said Wednesday that UBS Group AG holds a 9.37% stake in the estate agency after a transaction on Monday last week.
UBS's holding following the deal was 13.3 million indirect shares and right to recall lent shares equivalent to 165,835 shares, as well as equity swaps equivalent to another 12.3 million shares.
Its holding prior to the transaction, if any, has not been disclosed and was below the notifiable threshold.
Shares in Foxtons were down 2.3% at 52.00 pence on Wednesday in London.
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