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Proactis Non-Executive Director, Chairman Subscribe To Shares

Tue, 29th Apr 2014 14:38

LONDON (Alliance News) - Proactis Holdings PLC Tuesday said it raised proceeds of GBP700,000 after non-executive Chairman Alan Aubrey and non-executive Director Rodney Potts subscribed for shares.

Proactis said that Potts subscribed for 1.3 million shares at a price of 50 pence per share, while Aubrey subscribed to 100,000 shares.

Potts now holds 8.9 million shares in the company, representing a 23.6% stake in the company. Aubrey holds 1.0 million shares, representing a 2.8% shareholding.

Proactis shares were up 2.2% at 55.70 pence per share Tuesday afternoon.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved.

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