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UPDATE: Miton Group Picks Up 6.7% Holding In River & Mercantile

Thu, 04th Jul 2019 18:19

(Alliance News) - River & Mercantile Group PLC said Thursday asset management firm Miton Group PLC has acquired a 6.7% interest in the company.

Miton's previous holding in River & Mercantile, if any at all was not disclosed.

Earlier on Thursday, River & Mercantile said financial institution Punter Southall Group Ltd now holds a 30% stake in the company, through a deal on Wednesday.

In a separate announcement, the asset management company said Non-Executive Director Miriam Greenwood purchased GBP19,788 in shares on Wednesday.

Greenwood acquired 7,144 shares at a price of 277 pence per share, which now forms her entire holding in the company.

Shares in River & Mercantile closed 0.7% lower at 275.00 pence on Thursday.

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24 Jan 2014 10:11

Miton Group proposes sale of Liverpool fund management business

Miton Group has proposed the sale of its Liverpool fund management business Miton Capital Parners to Seneca Investment Managers for up to 6.4m pounds. The move comes after a review of the Liverpool arm showed there was "less prospect of rapid growth" of assets under management compared to other are

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24 Jan 2014 08:15

UK MORNING BRIEFING: Shares Open Higher On Interest Rate Assurance

LONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates.

Royal Mail has reported a 2% increase in like-for-like revenues for th

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16 Jan 2014 16:19

UK shale gas firm IGas climbs as CEO indicates confidence

IGas Energy, a British onshore oil and gas explorer and developer, was one of the top risers on AIM on Thursday as Chief Executive Andrew Austin dipped into the market. Austin shelled out £0.4m on 300,000 shares at 135.38p, even though the shares are trading around all-time highs. The purchase in

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16 Jan 2014 14:10

DIRECTOR DEALINGS: Miton Executive Sells 760,000 Shares

LONDON (Alliance News) - Miton Group PLC Thursday said Executive Director Martin Gray sold 760,000 shares in the company at a price of 45.96 pence per share on Wednesday. The company said the roughly GBP350,000 proceeds made by the deal will be used primarily to fund subscription costs and

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30 Sep 2013 15:09

UPDATE: Miton Income Shareholders To Gain Diverse Income Trust Shares In Merger Deal

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30 Sep 2013 13:29

Miton Income Shareholders To Gain Diverse Income Trust Shares In Merger Deal

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6 Sep 2013 10:09

Miton Worldwide Growth Investment Trust NAV Up; Borrowings Unchanged

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3 Sep 2013 12:50

Miton Group Appoints New Investment, Product Strategy Chief

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