Proactiveinvestors.co.uk, 11 Aug 2011
Falkland oil explorer Rockhopper Exploration (LON:RKH) this afternoon told investors that the Government of Singapore Investment Corporation has increased its stake in the company.
A regulatory statement on London’s AIM market confirmed that the investor acquired 250,000 Rockhopper shares, taking its total holding to 7.825 million shares or 3.031 per cent.
This transaction came on a particularly volatile trading session, last Thursday, amid a market-wide sell off. On that day the shares dropped significantly, losing around 20 per cent from around 205p to a low of 160p. Full story
