The chief executive of investment company Brainspark, Alfredo Villa, has spent £112,500 on shares in the company.
He took 31,000 shares, paying 34.5p a share. Following the acquisition and the conversion of some other shares awarded to Villa into ordinary shares, he now has about 5.3m ordinary shares or about 38.3% of the company.
Brainspark's main investment is a site in northern Italy where a large theme park is to be built. It also invests in Indian Restaurant Group, which aims to create a UK-wide chain of Indian restaurants.
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