By Michele Maatouk
Date: Monday 19 Sep 2016
LONDON (ShareCast) - (ShareCast News) - WH Ireland confirmed on Monday that Kuwaiti European Holdings Group (KEH) is looking to acquire a shareholding in the company.
It said further announcements will be made in due course.
The very brief statement from the stockbroker came in response to a Sky News report on Saturday suggesting that KEH was close to announcing an agreement to buy nearly 30% of the group's shares.
Sky said the Kuwaitis were said to be purchasing the shares from a collection of high-profile investors, including Lord Marland, a former Conservative Party treasurer, and Rupert Lowe, former chairman of Southampton Football Club.
KEH is spearheading a project to build Paramount Park, a major new tourist attraction in Kent, and already owns Ebbsfleet United, a football club based in the county.
WH Ireland shares were up 12.5% to 113.60p.
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Currency | UK Pounds |
Share Price | 4.25p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 23.00 |
52 Week Low | 3.50 |
Volume | 0 |
Shares Issued | 235.99m |
Market Cap | £10.03m |
RiskGrade | 64 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Interim | Final | |
Ex-Div | n/a | 12-Mar-15 |
Paid | n/a | 10-Apr-15 |
Amount | 0.000p | 2.00p |
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