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TEG Group

  • BY: Andrew Hore |
  • POSTED: 22/03/2013 |

Peter Gyllenhammar has increased his stake in composting and anaerobic digestion plants supplier and operator TEG Group just a fortnight after he had cut it below 7%. 

Gyllenhammar increased his stake to 7.2% during January but he reduced his shareholding to 6.7% in the middle of March. On 21 March, a couple of days after the 2012 results were published, he bought 1.7m shares taking the stake back up to 7.6%.

The share price has fallen back since the results announcement. TEG returned to profit in the second half of 2012.

At 6p a share, TEG is valued at £11.3m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2013_42.pdf

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