Shaftesbury shares rise on Lee intervention


Shaftesbury’s share price rose 2.9% on Tuesday to 875p after major shareholder Samuel Tak Lee said he would vote against motions at the company’s AGM which would allow the board to raise more capital through share issues, and urged other shareholders to do the same.

The FTSE 100 rose 1.23% over the day ahead of the House of Common’s vote on Prime Minister Theresa May’s European Union withdrawal agreement.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue