18th May 2015 15:07
LONDON (Alliance News) - Marlowe Holdings Ltd Monday said it doesn't know why its share price is rising so quickly.
"The board of Marlowe Holdings Ltd notes the recent rise in share price and confirms that it is unaware of any specific reason that would lead to such a movement in the price," the company said in a statement.
Shares in Marlowe were up by 90% at 165 pence late Monday afternoon, having traded as high as 225p, a new 52-week higher, earlier in the afternoon.
By Samuel Agini; [email protected]; @samuelagini
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