Active investor Gresham House Strategic (LON: GHS) has increased its stake in Universe Group (LON: UNG) following the appointment of a new chief executive at the retail management and loyalty systems developer and installer.
The shareholding has increased from 12.84% to 17.06%. Gresham House Strategic reported its initial 4.83% stake in October 2017 and it was increased to 9.4% in November 2018. There were further purchases up until April 2019. The Universe share price has recovered to 4.6p,...
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