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Merian Global Investors Lowers Stake In Mortgage Advice Bureau (ALLISS)

Thu, 04th Oct 2018 15:18

LONDON (Alliance News) - Mortgage Advice Bureau Holdings PLC said Thursday Merian Global Investors UK Ltd has reduced its stake below 5% in the company.

Prior to Wednesday's transaction, Merian held a 5.8% holding in Mortgage Advice Bureau.

Merian's resulting holding, if any, was not disclosed.

Shares in Mortgage Advice Bureau were down 4.3% Thursday at 520.00 pence each.

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