28th Nov 2019 18:22
(Alliance News) - Angling Direct PLC said Thursday Gresham House Asset Management Ltd built a 8.2% stake in the fishing products retailer in a transaction on Monday.
Gresham House held 5.3 million shares in Angling Direct after the transaction, equivalent to a 8.2% stake in the 64.6 million shares outstanding in the firm.
The holding of Gresham House - if any - prior to the transaction was not disclosed.
Shares in Angling Direct closed 0.2% lower at 66.40 pence in London on Thursday.
By Ahren Lester; [email protected]
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