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Shares suspended in Enagas after Liberbank sells 5 pct stake

MADRID | Thu Oct 4, 2012 2:42am EDT

MADRID Oct 4 (Reuters) - Share trading in Spanish gas distributor Enagas was suspended on Thursday after Liberbank said on Wednesday it would sell a 5 percent stake in the company, the stock market regulator said.

Shares would resume trading again at 0800 GMT, the regulator said in a statement.

According to traders the placement in Enagas shares would be made at around 15.3 euros a share versus Wednesday's closing price of 16.015 euros. Barclays is leading the placement of the Enagas stake. (Reporting by Nigel Davies and Jose Elias Rodriguez)

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