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Share Name Share Symbol Market Type Share ISIN Share Description
Royal Bank Of Scotland LSE:RBS London Ordinary Share GB00B7T77214 ORD 100P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +8.20 +2.71% 310.60 310.50 310.60 311.40 308.50 308.50 3,516,365 09:05:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Banks 15,150.0 2,643.0 -30.6 - 35,948.60

Arrow Global: RBS Disposes of 23.9% Stake

20/03/2014 12:49pm

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Royal Bank Of Scotland (LSE:RBS)
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LONDON-- Debt buyer Arrow Global Group PLC (ARW.LN) said Thursday that the RBS Special Opportunities Fund has executed an agreement for the disposal of its 23.9% shareholding in the company.


-This disposal was effected by way of a placing of shares to institutional investors

-As a result of the disposal, Lindsey McMurray and Ian Gascoigne, directors of the company appointed by the RBS Special Opportunities Fund, have agreed to step down from the board of the Company with immediate effect.

-Shares at 1000 GMT, down 5 pence, or 2.3%, at 230 pence valuing the company at GBP401.2 million.

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

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