LONDON-- Insurance and legal services company Quindell PLC (QPP.LN) Monday said that the bank Morgan Stanley (MS) has a 5% stake in the company.

Shares at 1430GMT, up 4 pence, or 6.2%, at 73 pence valuing the company at GBP317.5 million ($485.6 million).

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

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