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LONDON (Alliance News) - Manchester & London Investment Trust PLC Friday said M&M Investment Co, a vehicle connected to the trust's manager Mark Sheppard, sold 130,000 shares at a price of 305.29 pence per share on Tuesday.
Following the sale, Sheppard holds a beneficial interest in 13 million shares, which equals a 60.45% stake in the trust.
The stock was down 0.2% at 305.91p Friday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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