CORRECT (Mar 13): Antos Glogowski's Photonstar Holding Down To 14% (ALLISS)

(Correcting that Glogowski's stake was reduced as a result of share issue.) LONDON (Alliance ...

Alliance News 15 March, 2019 | 11:16AM
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(Correcting that Glogowski's stake was reduced as a result of share issue.)

LONDON (Alliance News) - Photonstar LED Group PLC on Wednesday said Antos Glogowski's holding was reduced in the lighting solutions firm following a transaction on Tuesday.

Glogowski now holds 14%, having previously held a 21% interest.

On Wednesday last week, Photonstar raised GBP170,000 via the placing of 1.70 billion shares at 0.01 pence each. The shares started trading on AIM on Tuesday.

Photonstar intends to become a cash shell and has been winding up its LED lighting business in order to pursue other opportunities. The firm plans to change its name to Bould Opportunities PLC.

Photonstar LED shares were trading 13% higher on Friday at 0.018 pence each.

By Evelina Grecenko;

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
PhotonStar LED Group PLC 0.01 GBX 8.00 -
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