Brief: Seven Group Sells 1% Of Boral Via Aftermarket Block Trade
30/08/2023 01:05
Aug 30 (Reuters) - Seven Group Holdings Ltd SVW.AX :
* SEVEN GROUP SELLS 1% OF BORAL VIA AFTERMARKET BLOCK TRADE
* COMPLETED SALE OF A 1% STAKE IN BORAL
* THERE WILL BE NO RECOGNITION OF GAINS OR LOSSES IN GROUP
EARNINGS AS A RESULT OF TRANSACTION
* SALE OF A 1% STAKE IN BORAL AT AN AVERAGE PRICE OF A$4.90
PER
SHARE
* SGH RETAINS A CONTROLLING INTEREST IN BORAL AND WILL
CONTINUE TO
CONSOLIDATE ITS EARNINGS
Source text for Eikon: ID:nASX648vBR
Further company coverage: SVW.AX
((Reuters.Briefs@thomsonreuters.com;))
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