FID 1.70% $8.68 fiducian group limited

Ann: Ceasing to be a substantial holder (Wasatch Advisors Inc), page-3

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  1. 13 Posts.
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    This parcel of shares appears to be one of four managed by Wasatch - see the Sub holding announcement earlier in the year. it was an off market trade and looks like a simple loss of management of that client by Wasatch - and a transfer to a new custodian. No share turnover of that size has appeared on the market so it seems the new manager / custodian is happy to hold the FID shares. And Wasatch happy to hold the remaing 4% for the other clients. Thus overall not a negative on the FiD share price - or future.
 
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