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Name from the past builds near 7% stake in Media Square 

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Entrepreneurial financier and company director Bob Morton emerged last week as a significant shareholder in AIM listed Media Square.

Morton, a 67-year-old veteran accountant, has a personal investment vehicle based in Jersey called Hawk Investment Holdings. Last week Hawk disclosed that it had built up a 6.9% shareholding in Media Square.   Indications are that Hawk increased an existing smaller stake by acquiring 1.3 million shares previously held by Hansa Trust.

Hawk’s investment renews Morton’s association with a number of Media Square subsidiaries that were formerly part of Incepta Group.  Morton was chairman of Incepta until 2001, long before it was acquired by Huntsworth and many of the businesses were sold on to Media Square.

According to Media Square records and other public announcements, its biggest shareholders remain the agitating Irish financier Peter Lynch’s Prime Active Capital with 21.5%, Yorkshire entrepreneur Anthony Gill with 16.1% and Promethean Investments Fund with 10.9%.

© Fintellect Ltd

Comments

November 2, 2009 6:33 PM
 

Following the acquisition of a 6.9% shareholding in Media Square reported here this morning, Bob Morton's

 
 
November 5, 2009 8:06 AM
 

Contrary to first indications, it now appears that much of the 6.9% shareholding in Media Square built

 
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Bob Willott on the bottom line

Bob Willott, founder of Willott Kingston Smith and more recently editor of Marketing Services Financial Intelligence, explores the financial ramifications behind marcoms agency news.
 

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BOB WILLOTT

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