Prudential cuts deemed stake in Binastra to 7.896% after 100,000-share disposal
PUK•Prudential disposed of 100,000 Binastra ordinary shares on Oct. 6, reducing its deemed interest to 86,439,100 shares, or 7.90% of voting rights.
1. Stake disposal
Prudential’s deemed stake in Binastra fell after it disposed of 100,000 ordinary shares on Oct. 6. Its remaining deemed interest was 86,439,100 shares, equal to 7.90% of voting rights, held through funds managed by Eastspring Al-Wara' Investments; the notice was dated Oct. 8.
