A Russian called Lilia Rodionova has taken a 3.4% stake in Thomas Cook.
A notice to the markets showed Rodionova is registered to the western Russian city of Ulyanovsk.
It comes a week after the owner of a Turkish travel firm Neset Kockar, the entrepreneur who founded Anex Tourism Group, increased his stake in Cook from 6.71% to 8% on July 31.
Anex operates under the name Anex Tour in Russia, Ukraine, Kazakhstan and Germany and also with its Orex Travel companies in the Czech Republic, Slovakia and Poland.
what is going on at TC ? Now looks like Russians buy stock – Rodionova Lilia acquires 3.46% – its all a bit mad frankly but shows what could have been maybe if handled better earlier pic.twitter.com/uFKu0tssV6
— Andrew Monk (@AmonkMonkey) August 7, 2019
The investment saw shares in Cook rise by more than 50% in two days to 7p. Shares are currently 9.62p
Cook confirmed three weeks ago that it was in “advanced discussions” that would see its tour operating arm take over by Chinese conglomerate Fosun – owner of Club Med – and banks through a £750 million recapitalisation.
Comment: What now for Thomas Cook? [July 5]