1st Jun 2016 16:15
LONDON (Alliance News) - Greka Engineering & Technology Ltd Wednesday said Randeep Grewal, chairman and chief executive, has seen his interest in the company rise.
GRECAP Ltd, a company in which Grewal is beneficially interested, bought 1.3 million shares in Greka at 0.8 pence per share on Wednesday.
Grewal is now directly and indirectly beneficially interested in a total of 359.7 million Greka shares, or an 87.81% stake in the company.
Shares in Greka closed down 3.0% at 0.800p Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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