(Correcting that the shares were bought, not sold.)
K3 Business Technology Group PLC - Manchester, England-based business-critical software solutions provider focusing on fashion and apparel brands - On Friday, Kestrel Partners LLP buys, on behalf of discretionary clients, 725,444 shares at an average price of GBP0.90242 each, worth GBP654,655 in total. Points out Oliver Scott, a non-executive director of K3, is a partner of, and holds a beneficial interest in Kestrel. Scott is also a shareholder in one of Kestrel's clients and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in the company. Adds Kestrel indirectly holds voting rights over 12.6 million shares or around 28% of the company's shares.
Current stock price: 110.00 pence
12-month change: down 28%
By Jeremy Cutler, Alliance News reporter
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K3 Business Technology Group (KBT)