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Pin to quick picksPrimorus Inv. Share News (PRIM)

Share Price Information for Primorus Inv. (PRIM)

London Stock Exchange
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Share Price: 3.85
Bid: 3.50
Ask: 4.20
Change: 0.00 (0.00%)
Spread: 0.70 (20.00%)
Open: 3.85
High: 3.85
Low: 3.85
Prev. Close: 3.85
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IN BRIEF: Primorus buys further GBP126,000 worth of shares in Fresho

Fri, 08th Mar 2024 12:23

Primorus Investments PLC - London-based investor specialising in small and mid-cap companies and assets - Acquires a further 290,166 shares in Fresho Pty Ltd at a price of AUD0.85 each worth a total AUD246,641, or around GBP126,000. Says this now takes its shareholding in Fresho to 3.7 million shares or 3.8% of issued capital. The subscription of shares was funded from existing cash resources. Fresho is a software provider for fresh food wholesalers.

Chair Rupert Labrum says: "We are very encouraged by the progress of Fresho, evidenced by its increased annualised recurring revenue. The speed at which it is scaling in the UK provides a very positive outlook for the company and its future business plans. We look forward to updating shareholders as Fresho progresses with its plans."

Current stock price: 4.13 pence, down 8.3%

12-month change: up 16%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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