South African media executive Terrence Moolman has notched another rise in the value of his holdings in Caxton CTP Publishers and Printers, adding 7.7 million over the past six weeks as the companys shares continued to firm on the Johannesburg Stock Exchange.
Moolman gains as Caxton shares rise
Moolman, who is the co-founder of Caxton CTP, controls a 52.48 percent stake, equal to roughly 187.9 million shares. As the stock has inched higher, the market value of his holdings has moved from R2.41 billion 142.78 million to R2.54 billion 150.44 million. That change represents an uplift of R129.65 million, or about 7.7 million, based on the latest closing price.
