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BCS Barclays PLC

10.83
-0.34 (-3.04%)
23 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Barclays PLC NYSE:BCS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.34 -3.04% 10.83 11.105 10.78 11.09 13,692,207 01:00:00

Edward Bramson's Sherborne Investors Sells Entire Barclays Stake

07/05/2021 7:55am

Dow Jones News


Barclays (NYSE:BCS)
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From May 2019 to May 2024

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   By Adria Calatayud 
 

Activist investor Edward Bramson's Sherborne Investors said Friday that it has sold its entire 6.01% shareholding in British bank Barclays PLC.

Sherborne Investors (Guernsey) C Ltd. said it has been notified by Sherborne Investors Management LP that funds managed by it have disposed their stake in the bank.

Sherborne Investors believes that the risk of and rewards from a new investment opportunity that it has identified offer a better return than a continuing investment in Barclays, Sherborne Investors (Guernsey) C said. Sherborne Investors has started investment into securities of its new target company, Sherborne Investors (Guernsey) C said.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

May 07, 2021 02:40 ET (06:40 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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