BANKING group Stanbic is to sell its entire holding of 26658-million shares in Liberty International to The British Land Company. The sale, at 550p per share, is worth around R1,5-billion and comprises about 8,5% of Liberty International’s issued share capital. Stanbic said it does not consider the shares a core asset and the sale will not have a material effect on its earnings per share, headline earnings per share, or net asset value per share. The cash proceeds of the disposal will be used for general business purposes, it said.