Financial Times FT.com

Lupus shares rise after in-line results

By Ed Hammond

Published: September 7 2009 22:55 | Last updated: September 7 2009 22:55

Shares in Lupus Capital, the building materials group, rose more than 15 per cent on Monday on the back of in-line results, raising the bar for any stake-building by former chairman Greg Hutchings.

The results drove the share price to 25p, more than 40 per cent above the price on August 27, when Mr Hutchings lifted his holding above the 10 per cent level needed to call an extraordinary meeting.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this