Richard C.E. Morgan agreed to acquire 12.43% stake in Amphion Innovations Plc (AIM:AMP) from L. Jean Macaleer for $0.03 million on November 20, 2019. Morgan will acquire 26.1 million ordinary shares for $100 and pay an additional $0.3 million within 90 days of resumed trading. On completion, Richard C.E. Morgan total shareholding will be 23.7% of the issued share capital. The transaction is expected to be completed by November 26, 2019.