logo-loader
Retail & consumerMedia
SEC Newgate S.p.A

Porta Communications takes stake in Redleaf to 81%

It has paid £850,037 paid in cash and shares for an additional 15% of the business

public-relations.jpg
The company took a 51% stake in Redleaf in April 2014

Porta Communications PLC (LON:PTCM) has taken its interest in Redleaf Polhill, the City financial PR firm, to 81%.

It has paid £850,037 paid in cash and shares for an additional 15% of the business after a put option was exercised, paving the way to the sale.

Porta took a 51% stake in Redleaf in April 2014.

Quick facts: SEC Newgate S.p.A

Price: £0.40

Market: AIM
Market Cap: £9.7 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: CB2 Insights licenses electronic data capture software to UK...

CB2 Insights (CSE:CBII-OTCQB: CBIIF) CEO Prad Sekar joined Steve Darling from Proactive Vancouver to discuss the company doing a deal with MYACCESS Clinics. This will allow CB2’s software to capture comprehensive data sets related to patient health and treatment histories and manage ongoing...

2 days, 10 hours ago

2 min read