Kestrel Partners Nearly Doubles Stake In Entu To 17% (ALLISS)

LONDON (Alliance News) - Energy efficiency products and services company Entu (UK) PLC on Thursday disclosed that investment firm Kestrel Partners LLP has nearly doubled its stake in the company.

In a stock exchange filing, Entu said Kestrel has increased its stake in the firm to 17%, or 11.2 million shares. Previously, Kestrel held 6.2 million shares in Entu, or just over 9.0%.

Shares in Entu were down 1.3% to 19.50 pence on Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.