1st Nov 2013 17:12
LONDON (Alliance News) - Following a 55% jump in share value Tavistock Investments PLC said that it is concluding a placing at a discount price in order to provide working capital for its acquisition and investment policy.
It knows of no other reason for the price increased, the company said, and would make a further announcement regarding the placement will be made in due course.
Shares in the investment company closed up 55% at 0.155 pence Friday afternoon.
By Hana Stewart-Smith; [email protected]; @hanassallnews
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Tavistock