4th Jul 2019 18:19
(Alliance News) - River & Mercantile Group PLC said Thursday asset management firm Miton Group PLC has acquired a 6.7% interest in the company.
Miton's previous holding in River & Mercantile, if any at all was not disclosed.
Earlier on Thursday, River & Mercantile said financial institution Punter Southall Group Ltd now holds a 30% stake in the company, through a deal on Wednesday.
In a separate announcement, the asset management company said Non-Executive Director Miriam Greenwood purchased GBP19,788 in shares on Wednesday.
Greenwood acquired 7,144 shares at a price of 277 pence per share, which now forms her entire holding in the company.
Shares in River & Mercantile closed 0.7% lower at 275.00 pence on Thursday.
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