Tavistock raises capital in new strategic partnership
Looking for acquisition opportunities
Brian Raven, Tavistock CEO
Tavistock Investments has raised £650,000 of equity capital by issuing 32.5m new ordinary shares, with nearly 5% of the company now owned by Hugh Simon, the CEO of Hamon Investment Group.
Simon bought 3 million Tavistock shares, equivalent to 4.94% of the company and was welcomed by the board as a "significant new investor". The remaining shares were bought by members of the management...
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