(Alliance News) - Pottery manufacturer Churchill China PLC on Friday said investment management firm Charles Stanley Group PLC has built a 5.0% holding in the company.
The investment management company secured the stake following a transaction on Wednesday.
Its previous holding, if any at all was not stated.
Shares in Churchill China were 0.3% higher at 1,589.99 pence each, while Charles Stanley's shares were untraded, last quoted at 268.00p in London on Friday morning.
By Eric Cunha; ericcunha@alliancenews.com
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Churchill China (CHH)