LONDON (Alliance News) - Castleton Technology PLC said MXC Capital Ltd, representing the interests of its Chief Executive Ian Smith and non-executive director Tony Weaver bought 64 million shares in the company at a price of 0.504 pence Thursday.
The company said that following the transaction, MXC Capital and Ian Smith's self invested personal pension plan have a total shareholding in Castleton of 149.7 million shares, representing 24.0% of the company.
Castleton Technology shares were down 4.0% to 0.600 pence Thursday.
By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1
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