T. Rowe Price buys almost 800,000 shares of Indra and already exceeds 3.5% of the capital

MADRID, 28 Jun. (EUROPA PRESS) -

The American investment firm T. Rowe Price has increased its position in Indra's capital by 789,935 shares, a package valued at just over seven million euros, where it exceeds 3.5% of the capital.

The entity has been in the capital of the Spanish company since 2016 and the operation, with which it has come to control 3.558% of the company, represents the first movement it has made in more than a year, according to notifications from the National Commission of the Stock Market consulted by Europa Press.

The company now directly controls 4.18 million Indra shares and has more than two million on loan. As a whole, his package in the company is valued at 56.6 million euros at current market prices.

In the final stages of the session, Indra's shares are on their way to chaining the second session in the green after the dismissal of four independents in its shareholders' meeting triggered its worst fall of the year last Friday.

The firm's shares are trading at 5:25 p.m. at 9.06 euros with a rise of more than 2.3%.

The firm announced this Monday that it has begun the search process for new independent directors with the aim of reaching 50% of the board and a preference for women.

This search will be headed by the independent Ignacio Martín, who after completing it will leave the company, with October 30 as the maximum date for his departure. He is accompanied in the new appointments commission by the Sunday Antonio Cuevas and the also independent Francisco Javier García Sanz.