EIG Asset Management to Sell 60 Million Harbour Shares

EIG Asset Management, the third-largest shareholder in Harbour Energy plc, is selling approximately 60 million shares in the United Kingdom based oil and gas producer. The sale was announced by a bookrunner for the offering on Tuesday. Currently, EIG Asset Management holds a 7.3% stake in the company. This move represents a significant reduction in the investment firm's position within the energy producer. Specific pricing details for the share offering have not been publicly disclosed.