LONDON (Alliance News) - River and Mercantile UK Micro Cap Investment Co Ltd said Fund Manager Philip Rodrigs acquired 85,338 shares in the company at 117.18 pence per share on Tuesday.
Following the transaction, Rodrigs holds a total of 280,338 shares which represents a 0.416% stake in River and Mercantile UK Micro Cap.
Last week, the investment fund placed 16.7 million shares at a price of 117.18p to raise GBP19.5 million.
River and Mercantile UK Micro Cap shares closed down 1.5% to 117.25p on Tuesday.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
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River Merc Red (RMMC)