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Amberley Group
- BY: Andrew Hore |
- POSTED: 29/08/2008 |
- COMMENTS: Add yours
Amberley Group has raised £200,000 from a placing at 5p a share.
This cash will replace the loan from Starlight Investments, which is now in receivership.
The shares were unchanged at 5.75p.
Guy Naggar subscribed for 3.24m of the 4m shares, thereby increasing his stake to 62.8%.
Amberley’s ongoing asset is an investment in smartcard company Fortress (GB). A £1.2m investment in February 2008 took the stake in Fortress to 23.9%.
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