RE: Update4 Jan 2019 15:31
LONDON (Alliance News) - London- and Johannesburg-listed Intu Properties PLC said Thursday that the Greater Manchester Pension Fund of the Tameside Metropolitan Borough Council had built a 3.1% stake in the shopping centre firm in a transaction on December 24.
After the transaction, Tameside MBC held 42.2 million shares in the FTSE 250-listed firm. With 1.36 billion shares outstanding, its stake represents 3.1% of the total share capital in the firm.
The holding of Tameside MBC in Intu - if any - prior to the transaction was not disclosed.