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.

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