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LONDON (Alliance News) - Marlowe Holdings Ltd on Tuesday said it is continuing to seek investment opportunities following its share placing and name change back in May.
At that time, the company changed its name to Marlowe from Shellshock Ltd and raised GBP5.2 million in a share placing backed by former Conservative party treasurer Lord Ashcroft. It is seeking investments in the business services sector.
The company has not made any acquisitions thus far but said it has identified potential targets and bolt-on opportunities in line with its strategy.
Shares in Marlowe were untraded on Tuesday, having last traded at 98.50 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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