(Alliance News) - Metro Bank PLC said Monday Fidelity Investments has reduced its holding in the FTSE 250-listed lender to below 5%.
Fidelity Investments holding prior to Friday's transaction was 7.0%. The US financial services firm's resultant holding was not specified, only that it had dropped below 5%.
Shares in Metro Bank closed 2.3% higher in London on Monday at 281.40 pence each.