(Alliance News) - Porta Communications PLC shares were cancelled from AIM trading on Wednesday following the company's acquisition by Italian public relations firm SEC Spa.
The GBP4.5 million deal was sanctioned on Tuesday.
Wed, 04th Sep 2019 13:33
(Alliance News) - Porta Communications PLC shares were cancelled from AIM trading on Wednesday following the company's acquisition by Italian public relations firm SEC Spa.
The GBP4.5 million deal was sanctioned on Tuesday.
The share price of Porta Communications rose after its chairman, Bob Morton, acquired 6.3m shares at 7p apiece. The firm, which is building an international communications and marketing business, saw its value rise by nearly a tenth on Tuesday morning. Morton's stake in the company increased to 15.
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