16th Sep 2013 14:32
LONDON (Alliance News) - Specialist outsourcer and recruiter Servoca PLC Monday said its shares had been traded Friday by two companies in a concert party under the influence of its non-executive chairman Arthur Morton.
One company, Hawk Investment Holdings Limited, sold 5 million shares at 3.5 pence each, while Groundlinks Limited purchased an equal number of shares at the same price.
The concert party consists of Hawk Investment Holdings Limited, Seraffina Holdings Limited, Retro Grand Limited, Groundlinks Limited and Southwind Limited. Together the companies hold 79.6 Servoca shares - unchanged by Friday's transaction - representing 63.4% of the voting rights.
Following the transaction, Hawk has an interest in 31.9 million shares, equal to 25.47% of the total voting rights, while Groundlinks' interest is 17.8 million shares, representing 14.2% of voting rights.
Shares in Servoca were trading up 14.3%, or 0.5 pence, Monday at 4.00p.
By Philip Nye; [email protected]
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