Euromoney Institutional Investor PLC (ERM.L)
9 Dec 2016
The publisher of the Daily Mail said on Thursday it would reduce its holding in Euromoney Institutional Investor Plc to about 49 percent from about 67 percent to improve its investment portfolio and lower its debt.
* Performance in line with board's expectations despite continuing tough trading conditions for some businesses
* Financial markets have been subject to increased volatility and uncertainty following UK's Brexit vote in June
* Botts was appointed chairman on an interim basis in November 2015