23rd Nov 2015 18:05
LONDON (Alliance News) - The shareholding of investor Richard Griffiths in Blinkx PLC has gone down, while that of hedge fund Toscafund Asset Management LLP has continued to go up, according to stock exchange disclosures late on Monday.
The first of the disclosures showed that Griffiths now owns 6.94% of the video advertising company from 10.03% previously. He has control of 28.0 million shares versus 40.3 million previously.
Toscafund's stake has gone up to 27.76% from 26.20% previously, with the shares it owns rising to 112.0 million from 108.2 million.
That means the hedge fund's stake has increased from 5.8617% in May.
Shares in Blinkx closed down 2.1% at 23.25 pence on Monday.
By Samuel Agini; [email protected]; @samuelagini
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