Following his departure from Pittards plc, a UK-based supplier of high performance leather, back in September 2004, it now seems that ex-chief executive John Pittard is looking to once again come back into the family company with which he had been associated for forty years.

The company has reported that 2,784,897 ordinary shares have been bought JWW Pittard and JCD Pittard. 928,299 of these shares are now registered in the name of JWW Pittard, whilst 1,856,598 shares are held by JCD Pittard, taking their percentage of the company’s shares to well over 20%. They have also secured an option to purchase a further tranche which would give them a 37% holding in the company.

 

 

 

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