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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
- WINNERS & LOSERS SUMMARY: Brussels Explosions Send Travel Stocks Lower
22 Mar 2016 - BROKER RATINGS SUMMARY: HSBC Downgrades Barclays To Hold From Buy
22 Mar 2016 - Johnston Press Swings To Profit On Lower Costs, Optimistic On i Paper
22 Mar 2016 - Earnings, Trading Statements Calendar - Week Ahead
15 Mar 2016 - BUZZ-UK Budget: Liberum latest to warn of interest tax change
15 Mar 2016 - AGM, EGM Calendar - Week Ahead
14 Mar 2016 - Johnston Press Downgraded By Moody's On Print Revenue Erosion
7 Mar 2016 - BROKER RATINGS SUMMARY: Berenberg Downgrades Next To Hold From Buy
25 Feb 2016
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