In a filing to the Singapore Exchange on Tuesday, Noble Group revealed that the deemed interest of Invesco and its subsidiaries in their capacity as managers/advisors of various accounts, has fallen below 5 per cent.
Following the sale of slightly over 33 million shares in the market on July 31 at an average price of S$0.4458 a share, Invesco's deemed interest in Noble is now 4.50 per cent, or about 294.78 million shares. This compares to 5.01 per cent, or 327,80 million shares, previously.
At 2:09pm on Wednesday, Noble was trading around S$0.57 a share, down three Singapore cents, or 5 per cent. More than 112 million shares were traded.