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BRIEF-Arle to distribute 26.76 pct of Parques Reunidos among its investors
March 10, 2017 / 5:25 PM / 5 months ago

BRIEF-Arle to distribute 26.76 pct of Parques Reunidos among its investors

1 Min Read

March 10 (Reuters) - Parques Reunidos Servicios Centrales SA :

* Says Arle Capital Partners Limited (Arle) will distribute the shares of Parques Reunidos among its investors

* Arle will cease to be direct or indirect holder of the company's shares

* Currently Arle manages funds holding 26.76 percent of Parques Reunidos' outstanding share capital

* The shares to be distributed among about 150 institutional investors and Candover Investements Plc to receive about 2.5 percent stake in the company

* The distribution of shares is expected to take place in the second quarter Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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