Beach Point Capital Management has increased its stake in the Group from 11.96 % to 15 % via its recent purchase of 35,000 shares in the insurance services firm . As Watchstone ’s share price was 185.50p on 31 October , the Insurance Commission has estimated the transaction to have cost £ 64,925 . Investment management firm Beach Point Capital Management has taken its shareholding in Watchstone Group to more than 12% after buying 35,000 shares in the insurance technology firm. Please can you check the numbers - seems like a very small investment ( £ 64k ? ) is it worth reporting ?
Beach Point Capital Management has increased its stake in the Group from 11.96 % to 15 % via its recent purchase of 35,000 shares in the insurance services firm . As Watchstone ’s share price was 185.50p on 31 October , the Insurance Commission has estimated the transaction to have cost £ 64,925 . Please can you check the numbers - seems like a very small investment ( £ 64k ? ) is it worth reporting ?