Campbell paid 65.77p for each, which is a 3% discount to Thursday’s closing price.
He now owns 0.03% – 40,000 shares – in the financial services firm.
However, the property listings website operator resumed dividend payments and its share buyback programme as its average revenue per advertiser continues to recover.
The FTSE 100 company reckons that the UK market has largely shaken off “pandemic-related charges” in 2021 and that the current shortage of new property listings will be remedied once the lockdown restrictions are lifted, based on its experience the last time lockdown restrictions were eased.
9am: RDI REIT early riser after major shareholder makes takeover bid
RDI REIT PLC (LON:RDI) was an early riser on Friday, surging 32% to 120.6p after shareholder Starwood Funds made an offer for the entire company.
Starwood, which currently owns a 29.59% stake, offered 121.35p for the entire issued share capital, which is a 33% premium to Thursday’s closing price.
It values the property investment business at GBP467.9mln, which is recommended by its board and financial advisers.
The miner will sell its 9.7mln shares in Anglo Saxony Mining Limited (ASM) at a price of 12p per share, in return for a cash payment.
Panthera reported the stake in ASM was valued at 8 cents per share in its last accounts.
Proactive news headlines
Argo Blockchain PLC (LON:ARB) (OTCQX:ARBKF) said 4,500 Bitmain Antminer S19 and S19 pro cryptocurrency mining machines that the company agreed to lease from Celsius Network in November have been installed on time and are now fully operational.
Silence Therapeutics PLC (LON:SLN, NASDAQ:SLN) said it will receive US$2mln following the start of work on a third drug target as part of its research collaboration with Mallinckrodt.
FastForward Innovations Limited (LON:FFWD) is pleased with the way its investment portfolio is developing, it said in a corporate update. “I believe that FastForward has reached a tipping point and that shareholders will be substantially rewarded for their support,” said CEO, Ed McDermott.
FastForward also said McDermott and finance director Lance De Jersey will provide a live investor presentation via the Investor Meet Company platform on 3rd March 2021 at 11am.
Avation PLC (LON:AVAP), the commercial passenger aircraft leasing company, said its customer base continues to recover from the unprecedented effect of the coronavirus pandemic and that its underlying business remains profitable.
Scotgold PLC’s (LON:SGZ) chief executive Richard Gray is to retire at the end of March following the group’s move from an explorer to producer. Philip Day, a 25-year mining veteran is his replacement.
Tissue Regenix Group PLC (LON:TRX) said that Jonathan Glenn has appointed to the role of non-executive chairman on a permanent basis, having held an interim role since last March. Chief executive Daniel Lee said: “Jonathan’s leadership has been invaluable over the last year, as interim chairman, and we look forward to his continued contribution towards the company’s future growth.”
4D pharma PLC (LON:DDDD) said the US Securities and Exchange Commission has cleared the way for the company to issue American Depositary shares to Longevity Acquisition Corporation (NASDAQ:LOAC). Longevity is a special purpose acquisition company with which 4D is merging. 4D’s American stock will begin trading on NASDAQ under the ticker symbol LBPS once the merger is signed off by 4D investors. The company will remain listed in the UK too under its current ticker symbol.
Tiziana Life Sciences PLC (LON:TILS) (NASDAQ:TILS) has said an interview with its chief executive, Dr Kunwar Shailubhai, will air on The RedChip Money Report on Bloomberg Television on Saturday, February 27 at 7pm local time across the US and on the Bloomberg Network in Europe on Sunday, February 28 at 6pm local time. The company said in the interview Shailubhai will discuss top-line data from Tiziana’s coronavirus (COVID-19) trial, its multiple Phase 2 trial launches expected in 2021, and the potential application of Foralumab in a wide range of autoimmune and inflammatory diseases.
Woodbois Limited (LON:WBI) said Rhino Ventures has disposed of 81.5mln shares in the company and requested the conversion on a one-to-one basis of 101,365,095 of its 851,365,095 non-voting ordinary shares into voting ordinary shares, under a previous agreement. Paul Dolan, chairman and CEO of Woodbois, said: “We welcome Mr Ng Chee Beng as a 3.27% shareholder and are pleased to continue to diversify our shareholder base and increase our voting ordinary share capital by 6.6% at this exciting time of expansion for the company.”
Sunrise Resources PLC (LON:SRES) will be hosting a webinar at 11am on Wednesday 3 March where executive chairman Patrick Cheetham will deliver a presentation and answering questions about the company.