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IN BRIEF: Braveheart Investment buys 12% stake in Autins Group

Mon, 11th Oct 2021 11:29

Braveheart Investment Group PLC - investor in small- and medium-sized businesses based in Barnsley, England - Buys 3.7 million shares in Autins Group PLC for 22.02 pence per share on average. Purchase costs GBP803,750 in total. This purchase increases the company's stake in Autins to 12%. AIM-listed Autins specialises in acoustic and thermal issues in the automotive industry. Says Autins reported a pretax loss of GBP1.8 million on revenue of GBP21.5 million for the year ended September 30, 2020.

Current Braveheart stock price: 30.90p, down 4.9% on Monday morning

Year-to-date change: up 10%

Current Autins stock price: 25.75p

Year-to-date change: up 20% since January 4

By Scarlett Butler; scarlettbutler@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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