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GNC Greencore News Story

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Greencore's second largest shareholder to sell about 30.3 million shares, bookrunner says

Feb 11 (Reuters) - Greencore's GNC.L second-largest shareholder is selling about 30.3 million shares of the Irish convenience food producer for about 88 million pounds ($120.16 million), a bookrunner for the offering said on Wednesday.

The stake sale is being carried out by U.S.-based private equity firm LongRange Capital, which owns an 8.8% stake in Greencore, according to LSEG data, behind biggest shareholder Umbriel Ventures' 10.3% interest.

($1 = 0.7324 pounds)

 (Reporting by Yamini Kalia in Bengaluru; Editing by Vijay Kishore)

 ((Yamini.Kalia@thomsonreuters.com;))

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