RMB Morgan Stanley Proprietary Limited on behalf of its clients acquired an additional stake in ELB Group Limited (JSE:ELR) on January 23 2019. As a result of the transaction, Rand Merchant Bank Morgan Stanley on behalf of its clients now holds 5.04% of the issued ordinary share capital of ELB Group. RMB Morgan Stanley Proprietary Limited on behalf of its clients completed the acquisition of an additional stake in ELB Group Limited (JSE:ELR) on January 23 2019.