|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Royal Bank Of Scotland||LSE:RBS||London||Ordinary Share||GB00B7T77214||ORD 100P|
|Price Change||% Change||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
Arrow Global: RBS Disposes of 23.9% Stake
Dow Jones News
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 [email protected]; Twitter: @RoryGallivan
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