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Morgan Stanley increase stake in RIFC to 3.2%


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Managing Director Morgan Stanley Hong Kong.

 

The Empire strikes back?

 

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.

 

Highly unlikely.

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Yes mate. Seems to have went very quiet in recent months.

 

Agreed, he loved an interview at the start aswell.

 

Maybe he's currently at home with his feet on his new sports direct rug drinking from his big sports direct mug.

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http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12135507.html

 

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?

 

Purchasing on behalf of a client - no different to Rafat Rizvi buying shares through Royal Bank of Scotland (if that ever happened). Investment firms will purchase shares based on the wishes of their client.

 

In this situation "Morgan Stanley" is a bona fide red herring.

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