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Spain Enagas shares suspended after 5 pct stake sale

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MADRID, Sept 11 | Tue Sep 11, 2012 2:53am EDT

MADRID, Sept 11 (Reuters) - The Spanish stock market regulator suspended shares in the country's gas grid operator Enagas on Tuesday after the announced sale on Monday of a 5 percent stake in the company by Spanish savings banks seeking capital.

Banks Credit Suisse and Santander, managers of sale, said on Monday they were carrying out a private placement on behalf of investment group Sagane Inversiones, a company formed by savings banks Caja Murcia, Caja Granada and Caja Castilla La Mancha.

Shares closed at 15.7 euros on Monday. (Reporting By Sonya Dowsett; Editing by Carlos Castellanos)
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