Primorus Investments (GB:PRIM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Primorus Investments PLC has corrected an earlier announcement to clarify its acquisition of shares in Fresho Pty Ltd, now holding 4,245,531 Ordinary Shares and 1,254,469 Preference Shares. This latest investment totals approximately £740,000 and brings Primorus’s stake in Fresho to about 5.01% of its issued share capital. The Preference Shares acquired carry similar rights to the Ordinary Shares, marking a significant move by Primorus using its existing cash resources.
For further insights into GB:PRIM stock, check out TipRanks’ Stock Analysis page.