LONDON (Alliance News) - Greka Engineering & Technology Ltd said that an entity controlled by Chairman and Chief Executive Randeep Grewal, on Friday purchased 47.2 million ordinary shares at a price of 0.385p each.
Following this transaction, Grewal is now directly and indirectly beneficially interested in a total of 312.1 million shares, representing 76.20% of the company's issued ordinary share capital.
The stock was up 23% at 0.432p Friday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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