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CTHFri, 02nd Nov 2018 12:47
LONDON (Alliance News) - CareTech Holdings PLC said Friday that co-founders Farouq Sheikh and Haroon Sheikh now holds an 11.12% stake in the residential care home operator after a transaction on Thursday.
Farouq and Harron Sheikh's combined holding following the deal was 12.1 million shares. Their holding prior to the transaction, if any, has not been disclosed.
Shares in CareTech were trading up 2.0% at 405.00 pence per share on Friday.
(Sharecast News) - Specialist social care and education services provider CareTech Holdings reported "robust" trading in an update on Wednesday, with results for the year ended 30 September ahead of market expectations.
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Read more(Sharecast News) - Social care services provider CareTech made its maiden digital investment on Tuesday, snapping up a majority stake in software and hardware developer Smartbox.
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Read more(Sharecast News) - Social care provider CareTech said its first-half performance was in line with market expectations as both revenues and margins were "stronger" than they had been a year earlier.
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