Utilico sells Tourism Holdings stake for $5.7 mln

Mon, 02 Sep 2013

Sept. 3 (BusinessDesk) - Utilico Investments, a UK investor managed by Infratil director Duncan Saville’s ICM, has sold its 8.6 percent stake in rental campervan operator Tourism Holdings for some $5.7 million. The firm sold about 8.4 million shares on market yesterday, according to a substantial shareholder notice. Reuters data showed one trade of 8.5 million shares yesterday at 68 cents apiece, accounting for most of the 10.5 million shares traded in the single biggest day of trading since March 15 last year. The stock closed at 69 cents,...

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