News blog
Publishing Technology
- BY: Andrew Hore |
- POSTED: 28/03/2012 |
- COMMENTS: Add yours
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
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