Odey Discloses Regus Stake
From market folly
January 9, 2013 - 2:28pm
Crispin Odey’s hedge fund, Odey Asset Management, has disclosed a new position in London traded Regus (LON: RGU). Due to trading on January 4th, Odey now own 5.15% of Regus’s voting rights.
Odey hold the equivalent of 1.88% of Regus’s voting right via contract for difference (CFD), something we've explained in the past via that link for those unfamiliar.
In terms of shorts positions in the UK property sector, Odey also has a -0.91% short in Capital Shopping Centres (LON: CSCG). CSCG is a real estate investment trust (REIT) that owns 14 regional shopping centres in the UK.
For more information on Odey’s recent activity in UK markets see our posts on their stakes in Shanta Gold (LON: SHG) and fellow hedge fund, Man Group (LON:EMG).
Per Google Finance – “Regus plc is a provider of global office outsourcing services. Its primary activity and busi...Continue reading this article »