The Guernsey-based Special Opportunities Fund (Guernsey) LP (SOF) sold a 5.51% stake in the challenger bank on 25th May.
Private equity fund manager Pollen Street Capital Limited advised on the sale.
Following the sale, SOF now holds 38.87% of Shawbrook Bank’s issued share capital.
In a stock announcement, Shawbrook said the sale was made in response to strong institutional demand from a high-quality investor looking to consolidate its position as a significant long-term investor in the bank.
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