Aukett Swanke Group Plc features in the AIM Journal

Aukett Swanke Group Plc features in the September edition of the AIM Journal as Braveheart Investment Group becomes the largest shareholder in the company.

The article states:

‘Aukett Swanke stake building Braveheart Investment Group is building up a sizeable stake in architect Aukett Swanke Group. The latest purchase takes the stake to 10.9%. The total cost is nearly £300,000. This makes the investment company the biggest shareholder in Aukett Swanke, taking it above chief executive Nicholas Thompson who owns 10.2% and is nearing retirement.

The initial 7.89% stake was bought from Braveheart Investment chief executive Trevor Brown in return for 1.99 million Braveheart Investment shares. That equated to 1.68p a share. The recent share purchase was at 1.88p a share and was also paid for in shares. At 1.9p a share, Aukett Swanke is valued at £3.1m.’