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.’