LONDON (Alliance News) - Gresham Computing PLC said that Kestrel Partners LLP Friday bought 155,000 Gresham shares at GBP0.98 each.
Gresham said that 77,500 shares were purchased on behalf of Kestrel Opportunities, of which Kestrel Partners is the investment manager, while the remaining 77,500 shares were purchased on behalf of Kestrel's other discretionary clients.
On a combined basis, Kestrel indirectly now holds 6.7 million shares in Gresham, representing 10.6% of its issued share capital.
Shares in Gresham closed down 1% at 98.00 pence on Monday.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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Gresham (GHT)