Germany's Alzchem drops after shareholders plan sell-off

AlzChem AG

11/12/2024 07:36

** Shares in Alzchem  ACT1.DE  fall around 9% in early
Frankfurt trade after its major shareholders LIVIA and HDI Vier
said they would sell 250,000 Alzchem shares in private placement
    ** LIVIA owns 22.99% stake in Alzchem, while HDI Vier has
11.61% stake, according to the company's website
    ** Up to the previous session's close, shares were up 128.5%
YTD

 (Reporting by Bernadette Hogg)
 ((bernadette.hogg@thomsonreuters.com))