Shares: Taking Stock

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The Independent Online
ROYAL JELLY group Regina jumped 3.25p to 10p. US marketing group Tru-Vantage International, which specialises in direct response, electronic and network marketing, will take over the marketing and distribution of Regina products in the US. To pay for the deal, it has agreed to subscribe to 1,128,200 new shares in Regina at 15p each.

DIAMOND explorer Petra Diamonds jumped 6p to 123.5p on AIM. It has signed a joint venture with Canadian exploration company AC Energy to explore and develop three diamond concessions in Angola. ACE is putting up $2m, freeing Petra to spend more on its remaining concessions.

RANGERS, the Scottish football club, held at 380p on Ofex. In a series of transactions chairman David Murray has bought 29,300 shares, at prices between 350p and 380p, taking his stake to 60.88 per cent.