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Name | Symbol | Market | Type |
---|---|---|---|
Rolls Royce Holdings PLC (PK) | USOTC:RYCEY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.035 | -0.68% | 5.115 | 5.11 | 5.12 | 5.18 | 5.10 | 5.14 | 2,099,780 | 20:25:21 |
By Anthony O. Goriainoff
Shares in Rolls-Royce Holdings PLC (RR.LN) sank Tuesday after a representative of its largest shareholder stepped down from the board.
Nonexecutive Director Bradley Singer stepped down from the board of the British engine maker on Monday. Mr. Bradley is a partner and chief operating officer at ValueAct Capital, an activist investor with a 9.35% stake in Rolls-Royce.
ValueAct became the company's largest investor in 2015 but sold a 1.5% stake in the business in March.
Shares at 1140 GMT were down 23.40 pence, or 3.3%, at 701 pence, making it one of the top fallers in the FTSE 100.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
December 10, 2019 07:01 ET (12:01 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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