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WYG Shares Jump 30% As Swedish Firm AB Traction Takes 9% Stake (ALLISS)

19th Apr 2018 12:39

LONDON (Alliance News) - Shares in WYG PLC soared on Thursday as it reported Sweden's AB Traction now has a 9% stake in the UK consultancy.

WYG shares were up 30% at 43.00 pence each midday Thursday.

AB Traction's stake, which comes after a transaction on Wednesday, is 6.7 million shares out of WYG's 72.7 million issued share capital. No details were given as to its prior holding in WYG, if any.


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WYG
FTSE 100 Latest
Value8,809.74
Change53.53