29th Dec 2015 08:50
LONDON (Alliance News) - Gresham Computing PLC on Tuesday said Kestrel Partners LLP acquired 25,000 Gresham shares at 105.50 pence each on December 24.
Kestrel is the investment manager to Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd. Gresham Non-Executive Director Max Royde is a partner and holds a beneficial interest in Kestrel, as well as being a shareholder in Kestrel Opportunities.
Of the shares purchased, 20,000 were bought on behalf of Kestrel Opportunities, with the rest purchased on behalf of other Kestrel clients.
Overall, Kestrel holds a total of 7.7 million Gresham shares, or a 12% stake in the business.
Gresham shares were down 0.2% to 106.80p.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
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