9th Jan 2020 14:17
(Alliance News) - Billington Holdings PLC said Thursday that Gutenga Investments PCC Ltd sold 75,000 shares in the transaction on Tuesday.
Gutenga Investments PCC is 100% owned by Gutenga Foundation, of which Billigton's Non-Executive Director Alexander Ospelt is a member.
Gutenga Investments PCC sold 75,000 shares at a price of GBP3.40 each, totalling GBP255,000.
Following this sale, Gutenga Investments now holds 5.9 million shares in the company, representing 45.4% interest in Billington Holdings.
In December, the company had said that Gutenga Investments PCC sold 25,000 shares at a price of GBP3.40 each, worth approximately GBP85,000.
Billington Holdings shares were up 1.3% in London at 380.00 pence each on Thursday.
By Loreta Juodagalvyte; [email protected]
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