Wm Morrsion falls after UBS confirms placing
LONDON (Reuters) - Shares in Britain's No.4 supermarket Wm Morrison fell 2.4 percent on Wedensday after UBS confirmed it had placed around 100 million shares in the firm at 280 pence for an institutional seller.
The sale represents 4.4 percent stake in Morrison and eight days worth of volume. The shares, which closed at 289.30 pence on Tuesday, traded at 282.40 pence at 10:49 a.m. British time.
(Reporting by David Brett and Toni Vorobyova)
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