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Braveheart Investment Group PLC - Barnsley, South Yorkshire-based investor in small- and medium-sized businesses - Purchases 4.2 million shares in London-based architectural and interior design services provider Aukett Swanke Group PLC for 1.89 pence per share, totalling GBP79,585.
Braveheart will fund the purchase through the issue of 740,334 shares at a price of 10.75p each. Following the purchase, Braveheart now holds an 11% stake in Aukett Swanke.
Braveheart now has 56.4 million shares issued overall.
Current Braveheart stock price: 10.50 pence
12-month change: down 75%
Current Aukett Swanke stock price: 1.82 pence, down 4.2% on Thursday
12-month change: down 6.7%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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