23rd Jun 2015 17:08
LONDON (Alliance News) - Teathers Financial PLC Tuesday said it has sold its remaining investment in Jubilee Platinum PLC.
Teathers Financial said it sold the 750,000 shares for GBP19,125, realising a net profit of GBP6,907.75 on the sale.
"Teathers intends to use the proceeds of the disposal of its remaining investment in Jubilee for general working capital purposes to further its investing policy," the company said.
Teathers Financial shares closed up 8.3% at 3.25 pence on Tuesday, while Jubilee Platinum closed down 3.8% at 2.43p.
By Samuel Agini; [email protected]; @samuelagini
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