The Capital Group of Companies is no longer a substantial shareholder of Nanofilm Technologies International.
The US-based fund manager on Jan 17 sold 922,900 shares at $3.51 each, leaving it with a stake of nearly 32.29 million shares, or 4.91%. It used to own 5.05%.
If Capital Group trims its stake further, there’s no obligation to make filings.
Nanofilm Technologies International shares close at $2.99, down 2.29% for the day, and down more than half from its all-time-high of $6.53 last July.
