Summary
DERMOT DESMOND, Celtic's major shareholder, has increased his stake in the club to 40.45-per cent after underwriting the latest share issue by GBP8m.
The Irish businessman, though, has no inclination to instigate an outright takeover bid despite increasing his holding from 29.9-per cent Celtic announced a GBP15m share issue in October to improve the club's football infrastructure, including a new training facility in Lennoxtown, as well as reducing the debts.See the full content of this document
Extract
Desmond Increases His Stake in Celtic
Confirmation dispatched to the London Stock Exch...
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