Henderson Global reduces stake in SafeCharge to under 5%

The fortunes of publicly listed provider of payments services and risk management SafeCharge International Group Ltd (LON:SCH) have been more than robust over the past year since the firm raised $126 million following its listing on the London Stock Exchange’s Alternative Investment Market (AIM).

As a result, shares have maintained a high value as a result of the company’s strong performance since its listing, and several esteemed investors have been attracted, one of which is Henderson Global Trust PLC (LON:HGL) which,began its ownership at just above 5% at the time the stock began trading in March 2014.

Since then, Henderson Global has made some transactions involving SafeCharge stock, the most recent having been reported today, in which the firm sold 4,300 shares, with a value of approximately £11,610, taking its ownership interest in SafeCharge to just below the 5% mark.

Henderson Global now owns 7,524,778 shares in SafeCharge, representing a 4.97% stake, and whilst the sale of shares was relatively inconsequential, the transaction was completed on April 7 at a high point in the value of SafeCharge shares, as the values took off at the beginning of the trading day.



For the official filing with the London Stock Exchange, click here.

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