(Alliance News) - Investment company Western Selection PLC on Wednesday said it has acquired 3.6 million shares in Bilby PLC at an average price of 11 pence each.
Following the approximately GBP396,000 deal, Western Selection now holds an 11% stake in the London-headquartered gas and electrical installation maintenance and building services firm.
Shares in Bilby were up 12% at 21.75p in London on Wednesday afternoon.
By Anna Farley; annafarley@alliancenews.com
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