Result of secondary placing of holding in Secure Trust Bank PLC (“Secure Trust”)
Arbuthnot Banking Group PLC (“Arbuthnot” or “the Group”) is pleased to confirm that further to the announcement released yesterday, it has sold in an institutional placing 1,050,000 ordinary shares of 40 pence each (“Sale Shares”) held by its subsidiary Arbuthnot Latham & Co., Limited in the capital of Secure Trust at a price of 1460 pence per share (the “Sale”) raising gross proceeds of approximately £15.3m.
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