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Thu, 11th Jul 2019 18:00
(Alliance News) - Industrial fastenings maker Trifast PLC said Thursday that Castlefield Fund Partners Ltd has upped its stake in the company to 10% from 5.4% in a deal on Tuesday.
In a separate announcement, NCC Group PLC noted that Castlefund picked up a 5.2% interest in the cyber security company.
Shares in Trifast closed flat at 223.00 pence, while NCC ended 0.8% higher at 170.20p on Thursday.
Manufacturing group Trifast posted better-than-expected annual pre-tax profit, as revenue rose on the back of operational improvements. The London-listed company said pre-tax profit for the year to 31 March rose 33.6% year-on-year to £11.8m, while revenue increased 19.2% to £154.7m and underlying ea
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