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Bermuda-Based FIL Holds 5.2% Stake In Hostelworld After Transaction

Mon, 22nd Jul 2019 14:48

(Alliance News) - Hostelworld Group PLC said on Monday afternoon that FIL Ltd, a Bermuda-based company, now holds a 5.2% stake in the accommodation booking platform.

Following a transaction on Thursday last week, FIL holds 5.0 million shares in Hostelworld, though it is unknown what stake the company had, if any, beforehand.

Shares in Hostelworld were up 1.6% at 174.80 pence each in London on Monday afternoon.

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