Everyman Media (GB:EMAN) has released an update.
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Everyman Media Group PLC has announced that Blue Coast Private Equity L.P. acquired 50,000 of its ordinary shares at 57.5 pence each, subsequently increasing Blue Coast’s stake in Everyman to 28.4%. Non-executive director Michael Rosehill, who serves on the board of Blue Coast, is connected to this transaction, which took place on the London Stock Exchange. This significant purchase underscores a growing confidence in Everyman’s market position.
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