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Steinhoff increases Poundland shareholding

Poundland website - Charlie Dimmock April 2016 725 x 500

Steinhoff has increased its shareholding in value retailer Poundland, despite making a statament last Friday advising that it was 'considering its position' with regard to its unsolicited offer for the company, following the result of the EU referendum and a review of Poundland's full year results.

The shareholding has gone from 23.26% to 23.52%.

No further statement has been made.

Source : Insight DIY

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29 June 2016

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