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(Correcting Lombard Odier holding to 12.4% from 20.8% and the total number of shares in issue following a company-issued correction)
LONDON (Alliance News) - i3 Energy PLC on March 21 reported that Lombard Odier Asset Management Ltd almost doubled its stake in the firm to over 12% following a transaction on March 19.
Lombard Odier held 10.8 million shares in the North Sea-focused oil & gas development firm after the transaction, equivalent to a 12.4% stake in the 87.4 million shares outstanding in the firm. Prior to the transaction, Lombard Odier held a 6.8% stake.