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BC12Mon, 03rd Sep 2018 12:30
LONDON (Alliance News) - Better Capital PCC Ltd said Monday that Overseas Asset Management Ltd had increased its stake in the investment company to 8.1% after a transaction on Monday.
Overseas Asset Management raised its holding to 27.1 million shares. Prior to the transaction, it held a 3.3% stake in the company.
Shares in Better Capital PCC were trading down 3.1% at 62.00 pence per share on Monday.
Better Capital PCC founder increased his stake in the company, offering a vote of confidence in the business's future after it said it "very much regret" the way City Link's collapse was revealed. Jonathan Moulton bought 2.85m shares at an individual price of 70.08p, spending a total of £1.99 in the
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