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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
- Johnston Press Says Study Set To Cut Pension Scheme Deficit
3 Feb 2016 - Johnston Press to sell titles as digital focus intensifies
19 Jan 2016 - BROKER RATINGS SUMMARY: UBS Upgrades Burberry To Buy From Neutral
19 Jan 2016 - Johnston Press Revenue Declines But Earnings To Meet Expectations
19 Jan 2016 - Johnston Press reorganises with central editorial team
1 Dec 2015 - WINNERS & LOSERS SUMMARY: Poundland Discounted As Sales Decline
19 Nov 2015 - BUZZ-Johnston Press: hits life-low as print, publishing revenues drop
19 Nov 2015 - Johnston Press To Meet Profit Expectations For Full Year
19 Nov 2015
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