June 5, 2018 / 6:02 AM / 16 days ago

BRIEF-Majority Shareholder ACEK Sells 1.48 Pct Of Gestamp

June 5 (Reuters) - Gestamp Automocion SA:

* SAID ON MONDAY ACEK DESARROLLO Y GESTION INDUSTRIAL SL SOLD 1.48 PERCENT OF GESTAMP VIA A BLOCK TRADE TO INSTITUTIONAL INVESTORS

* AS A RESULT, THE COMPANY INCREASES ITS FREE FLOAT TO 30.05 PERCENT

* ACEK, THE INVESTMENT VEHICLE OF THE RIBERAS FAMILY, CONTINUES TO HOLD A MAJORITY STAKE IN THE COMPANY AND RATIFIES ITS LONG-TERM COMMITMENT WITH GESTAMP

Further company coverage: (Gdynia Newsroom)

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