Gresham House Strategic plc (AIM:GHS) of Gresham House Asset Management Limited, Herald Investment Management Limited, Hargreave Hale Limited, Asset Management Arm, Miton Group plc (AIM:MGR), and unknown buyer acquired 26.35% stake in ProPhotonix Limited (OTCPK:STKR) from The 600 Group PLC (AIM:SIXH) for £1.5 million on August 31, 2017. Each of Gresham House Asset Management, Herald Investment Management, Hargreave Hale, and Miton Group acquired 5 million shares in ProPhotonix and The 600 Group sold 22 million shares in ProPhotonix. The cash proceeds will be used to reduce the UK senior debt with HSBC. Matt Davis and Miriam Greenwood of Spark Advisory Partners Limited acted as financial advisors and Alex Walters of Cadogan PR Limited acted as public relation advisor for The 600 Group PLC. Tony Quirke and Mia Gardiner of FinnCap acted as brokers for The 600 Group PLC.

Gresham House Strategic plc (AIM:GHS) of Gresham House Asset Management Limited, Herald Investment Management Limited, Hargreave Hale Limited, Asset Management Arm, Miton Group plc (AIM:MGR), and unknown buyer completed the acquisition of 26.35% stake in ProPhotonix Limited (OTCPK:STKR) from The 600 Group PLC (AIM:SIXH) on August 31, 2017.