Saturday July 4, 2020

Roche builds stake in NTR and earns €2 million profit

NTR shareholder Tom Roche has made a profit of nearly €2 million, while increasing his stake in the company to close to 40 per cent.

23rd August, 2008

NTR shareholder Tom Roche has made a profit of nearly €2 million, while increasing his stake in the company to close to 40 per cent.

Last week, Roche announced his investment vehicle Dreamport had bought 12 million shares in NTR, from long-time investor Standard Life, at €6.50 per share.

This came just weeks after the company bought 14 million shares from Dreamport at a price of €6.65 per share, through a share redemption scheme. The difference between...

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