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Sutton Harbour Group PLC - Plymouth, England-based harbour operator - Exchanges contracts on the sale of an apartment in the company’s development under construction, Harbour Arch Quay, to Beinhaker Design Services Ltd for £435,000. Notes that the sale represents a related party transaction, because Beinhaker Design Services Ltd represents 50% of the holdings of FB Investors LLP, which holds a 73% stake Sutton. Further, it is controlled by the Beinhaker family, including Corey Beinhaker and Philip Beinhaker, who are both directors of the company.
Current stock price: 21.00 pence
12-month change: down 13%
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