Montauk’s new shareholder fuels speculation
There’s speculation that new shareholder may be acting as a custodian for an investor that wants to remain anonymous
A block trade worth around $20m in scantily traded green energy producer Montauk this month has signalled the emergence of a new shareholder.
Last week Montauk confirmed that Zurich-based Swisspartners Marcuard Heritage AG has increased its stake in the group to 10.1%. This makes Swisspartners the fourth-biggest shareholder in Montauk, behind current and former directors of empowerment investment company Hosken Consolidated Investments (HCI).