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SNNThu, 04th Apr 2019 16:35
LONDON (Alliance News) - Sanne Group PLC on Thursday said FMR LLC now holds a 5.1% interest in the FTSE 250-listed fund administration services provider.
Prior to this transaction on Wednesday, FMR's holding, if any, was not disclosed.
Sanne shares closed trading 0.6% lower on Thursday at 535.00 pence each.
(Sharecast News) - Sanne reported net revenue growth of 9.5% in its first half on Wednesday, to £83.9m, which ot said reflected the "resilience" of its client book, as well as the second quarter Covid-19 related slowdown in new fund activity.
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Read more(Sharecast News) - Sanne Group described its performance over the first half of the year as "robust", telling shareholders to expect a "strong" cash performance and growth in underlying earnings per share.
Read more(Sharecast News) - Elementis swung to a first half loss as the Covid-19 pandemic hammered the company's top line and led management to book big impairments for its energy and Talc assets.
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