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Castelnau Group Ltd - closed-ended investment firm - Invests an additional £700,000 in Ocula Technologies Holdings Ltd, in which it owns a majority stake. Ocula is a London-based data sciences business. Castelnau says the additional funding is part of a "proposed additional funding round which it is hoped will see new, third-party investors become part owners of Ocula alongside Castelnau and Ocula's founders and employees".
Castelnau Chief Executive Officer Graham Shircore says: "We are delighted to take part in this additional funding of the business which we believe will allow Ocula to take further steps on the path to being a sizeable and highly profitable business in the data sciences arena."
In October, Castelnau invested £1.6 million in equity and an unsecured loan of £4.4 million in investing firm Silverwood Brands PLC.
Current stock price: 74.00 pence
12-month change: down 33%
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