James Pascoe lifts Warehouse stake to 17.5%

Sun, 19 Jun 2016

By Jonathan Underhill June 20 (BusinessDesk) - James Pascoe, the retail group owned by David and Anne Norman, has lifted its holding in Warehouse Group to 17.5 percent buying shares on-market last week. Pascoe bought 244,367 shares for a total of $679,015, or about $2.78 apiece on June 17, it said in a statement to the NZX. It emerged as a substantial security holder in October 2014 before lifting its holding to 16.4 percent in March 2015 by buying out Australian retailer Woolworths' stake for $87.1 million. At the time, Pascoe said it...

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