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Woodford Investment Lowers Watkin Jones Stake To Less Than 5% (ALLISS)

6th Jun 2019 17:19

LONDON (Alliance News) - Watkin Jones PLC said Thursday that Woodford Investment Management Ltd has reduced its holding in the company to less than 5% from 9.19% in a transaction on Wednesday.

Earlier this week, Neil Woodford's investment management company suspended dealings in its flagship Woodford Equity Income fund after a run of poor performance and rising redemptions.

Shares in the student property developer closed 0.7% higher at 209.50 pence on Thursday.


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