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Arbuthnot Share News (ARBB)

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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 1,030.00

Bid: 995.00

Ask: 1,060.00

Change: 0.00 (0.00%)

Spread: 65.00 (6.533%)

Open: 1,030.00

High: 1,030.00

Low: 1,030.00

Prev. Close: 1,027.50

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IN BRIEF: Arbuthnot sells GBP2.5 million in shares of Secure Trust

Wed, 08th Sep 2021 15:02

Arbuthnot Banking Group PLC - London-based bank - On Tuesday sells 200,000 shares of Secure Trust, raising gross proceeds of GBP2.5 million. Following the completion of the sale, the bank will be interested in 619,538 shares in the capital of Secure Trust, representing 3.3% stake.

Current stock price: 944.91 pence

Year-to-date change: up 22%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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(ShareCast News) - Arbuthnot Banking Group intends to cut its stake in Secure Trust Bank to 20%, from 51.9%, by selling about 5.8m shares in the company at a discounted £25 each. The share sale, via a secondary placing to institutional investors, would generate gross proceeds of about £145m for Arbu

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