Woodford IM stake in RM2 jumps to 68%

Doubled stake

Tom Eckett
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Neil Woodford of Woodford Investment Management
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Neil Woodford of Woodford Investment Management

Neil Woodford has doubled his stake in smart pallet developer RM2 International to 67.8%.

On 29 March RM2 International announced plans to issue 2.5 billion new ordinary shares at a price of 1p each in order to raise $36m, with the placing in two tranches. The company raised $18m from the...

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