Ae Oscroft Holdings Limited completes £4.3m share swap

Ae Oscroft Holdings Limited has issued shares valued at £4.3m in a share-for-share exchange. Based in Redditch, the company operates as a holding company with a primary function of owning shares in other businesses rather than conducting direct trading activities.

The firm was incorporated in August. Christopher Oscroft and Timothy Ian Oscroft were appointed as directors during its month of formation.

Following the transaction (allotted and filed in September), Timothy Ian Oscroft was notified as a person with significant control. He holds between 25% and 50% of the shares and voting rights in the entity.