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DGOCTue, 03rd Jul 2018 17:51
LONDON (Alliance News) - Diversified Gas & Oil PLC said Tuesday that HSBC Holdings PLC has taken its stake in the company below the notifiable threshold.
HSBC held a 5.0% interest in the exploration company before Friday's transaction. It was not reported how many of Diversified's 311.5 million issued shares HSBC now holds an interest in.
Shares in Diversified Gas & Oil closed down 3.1% Tuesday at 124.50 pence each. HSBC Holdings closed up 0.8% at 704.20 pence.
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