Firm overseeing management of Woodford funds takes over holding in Purplebricks

Link Fund Solutions, the firm charged with overseeing management of the funds formerly run by ex-City darling Neil Woodford, has taken a 13.24% holding in Purplebricks.

It had no holding in Purplebricks until Tuesday.

It now has 306,806,039 voting rights in Purplebricks. Exactly the same figure was given on the same day this week when it was announced that Woodford Investment Management had cut its holding in Purplebricks to less than 5%.

Purplebricks shares yesterday closed unchanged at 109p.

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2 Comments

  1. anon-mon73

    Sorry when it’s asked “Who’s the idiot who’s buying PB shares?”

    Well that’s the 306 million idiots right there!

    Report
  2. PeeBee

    Looks like the cat has been set off early today – expect some merry bounding over the next two-and-a-bit hours…

    Report
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