Re:,Holdings RNS2 Jan 2015 01:20
Extract from the Telegraph 16th Dec - Bill Gates and other high rollers in focus:
Stockbroker Panmure Gordon has also attracted a well-known backer. On Monday, a stake of almost 1.2m shares, some 7.6pc of the company, passed from long-time shareholder Lazard to investment firm WMG, which was founded by veteran investment banker and Cardiff City FC chairman Mehmet Dalman. The shares were sold at 130p apiece and Panmure closed flat at 128p on Tuesday.
Given that Mr Dalman, who was formerly chairman of controversial miner ENRC, and Panmure boss Phillip Wale go back a long way, his investment is perhaps unsurprising. In 1998, when Mr Dalman was head of Commerzbank’s investment banking business, he hired Mr Wale and the two worked together at the German group until 2004.
GL
DD