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Johnston Press PLC Share News (JPR)
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Majedie Investment Unit Sells Entire Johnston Press Stake (ALLISS)
LONDON (Alliance News) - Johnston Press PLC said Monday that Majedie Asset Management Ltd sold its entire stake in the company.
Majedie previous holding in the company before the sale was 7.23%
Johnston Press shares closed 84% higher at 4.10 pence. Majedie Investments PLC closed down 1.4% at 276.00p.
Earlier in October, the newspaper publisher put itself up for sale to maximise shareholder value and repay its outstanding GBP220 million 8.625% senior secured notes due on June 1, 2019.
Last Friday, Custos Group AS increased its stake in the multimedia news company to 25%.
Latest JPR News
- National World confirms acting finance chief in post permanently
9 Nov 2023 - Custos Group Raises Johnston Press Stake To 25% In Deal (ALLISS)
19 Oct 2018 - Johnston Press puts itself up for sale
11 Oct 2018 - Debt-Laden Scotsman Publisher Johnston Press Puts Itself Up For Sale
11 Oct 2018 - WINNERS & LOSERS SUMMARY: Johnston Press Drops 20% On Revenue Decline
29 Aug 2018 - Johnston Press revenue dented by Google and Facebook changes
29 Aug 2018 - Alex Salmond Dropped From Johnston Press Takeover Plans
27 Jul 2018
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