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Morgan Stanley increase stake in RIFC to 3.2%

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In the name of George Alexander Taylor who seems to be a Morgan Stanley employee.


I would assume this purchase is being made on behalf of a Morgan Stanley customer what do our financial experts think?


Is this likely to be something significant?

Edited by MeAndMyWeePalJoe
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It's only an announcement triggered by the 3% notification rule.


They previously had 2,375,000 shares and purchased another 200,000 which took them above the 3% threshold with 2,575,000 shares / 3.2%, so a notification was required.

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