Johannesburg - Grand Parade Investments [JSE:GPL] announced in a Sens statement that - through a wholly owned subsidiary - it has acquired 3 099 176 ordinary shares in Spur Corporation for a purchase price of R32.50 per share with effect from May 8 2017.
In addition to this trade, GPI has acquired an additional 5 018 555 ordinary shares in Spur during the period starting in September 2016 to date.
According to Grand Parade, the additional purchases were a combination of direct purchases and acquisitions on market through the order book.
