Thirdforce chairman Pat McDonagh has added more than one million shares to a stake of 25% which he bought this week in a bid to take over the e-learning software firm.
McDonagh paid 7.125p each for 244,000 shares and another 918,000 at 7p a throw, lifting his holding to almost 66m shares, or 25.44% of the company.
He launched an offer for the Irish group last month with chief executive Brendan Sullivan worth 8 cents a share. There's also an alternative of 1 share in their LearnVantage bid vehicle for each Thirdforce share held.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Top Director Buys
Value: £64,277
Value: £30,000
Value: £24,796
Value: £19,800
Value: £17,324
Value: £14,458
Value: £14,000
Value: £10,550
Top Director Sells
Value: £100,000
Value: £89,020
Value: £81,193
Value: £65,829
Value: £47,537
Value: £20,000
Value: £19,890
-
Reeves urged to axe stamp duty from UK shares held in an ISAChancellor Rachel Reeves is reportedly considering axing stamp duty from UK shares held in stocks and shares ISAs. What could it mean for your portfolio?
-
Family investment companies explained: how the ultra wealthy shield their money from the taxmanWealthy families are increasingly turning to family investment companies to keep more of their money away from HMRC – but what are these arrangements and how do they work?
