CriSeren Investments Limited has increased its stake in Publishing Technology to 4.9%.
The stake in the publishing software and services provider was previously below 3%.
CriSeren (http://www.criseren.co) describes itself as “a family owned, long-term, supportive investor in established growing businesses which have a competitive advantage.” The investment range is £100,000 to £1m.
At 48.5p a share, Publishing Technology is valued at £4.08m. That means CriSeren’s stake is worth around £200,000.
Publishing Technology reported flat revenues of £14.9m for 2011 and it fell back into loss after interest charges and restructuring costs. Net debt was £2.41m.
CriSeren has investments in a number of Aim-quoted companies, including Deltex Medical, Hydro International, Pressure Technologies, Stanley Gibbons and Walker Greenbank.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2012_30.pdf
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Africa Oilfield Logistics Ltd is the latest shell from former cricketer Phil Edmonds and it plans to raise £4.25m to help to finance the acquisition of a business providing services to the oil and gas sector in Africa.
Audio and video rights acquirer One Media IP Group has acquired the rights to the nineties version of The Adventures of Skippy.
A one-off export order worth £3.5m helped industrial computers and electronic components distributor Solid State achieve record figures in the year to March 2013.
Oil and gas company Silvermere Energy is in danger of having its main asset taken away of it does not pay the money it owes.