US investor takes 10.05% stake in Hostelworld
Charlie Jobson spent £7.25m in building up the stake in the company during July
An American investor has built up a 10.05 per cent stake in Hostelworld, worth £9.5 million at the company’s current share price of around 82 pence.
Charlie Jobson, founder and portfolio manager of Delta Partners in Boston, spent £7.25 million in July in building up the stake, stock exchange documents show.
Jobson has made several large investments in publicly-listed companies in the past, and is known on occasion for making bids to bring companies private...
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