{"id":17122,"date":"2026-09-29T07:45:00","date_gmt":"2026-09-29T07:45:00","guid":{"rendered":"https:\/\/stock999.top\/?p=17122"},"modified":"2026-09-29T07:45:00","modified_gmt":"2026-09-29T07:45:00","slug":"tory-backer-lord-ashcroft-takes-stake-in-reach-daily-business","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=17122","title":{"rendered":"Tory backer Lord Ashcroft takes stake in Reach \u2013 Daily Business"},"content":{"rendered":"<p>            <\/p>\n<p>Lord Ashcroft is new on the Reach share register<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Former Conservative party deputy chairman Lord Ashcroft has acquired a minority stake in Reach, publisher of the Daily Record, Mirror and Express.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The businessman and Tory donor indirectly holds 74.5% of Heather Venture Holdings which has purchased 3.09% of Reach\u2019s voting rights, equating to 9,826,491 shares.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Of his shares, 33.08% are held directly through Redmayne (Nominees) and 41.42% held by Redmayne (Nominees) on behalf BainsVille Commercial Inc, an entity owned by Lord Ashcroft.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The filing marks a new entry on Reach\u2019s major shareholder register, with no prior notifications from this holder referenced in the disclosure.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">In 2022 Daily Business revealed that Lord Ashcroft\u2019s Political Holdings had acquired Holyrood Magazine, the Edinburgh-based political publication, in a \u00a34.5m deal.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The latest share dealing follows the announcement last week that STV chair Clive Whiley has joined the board of Reach as a non-executive director.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">He oversaw the recovery and sale of banknote printer De La Rue and is considered a prime candidate to take over Reach chair and revive its fortunes.<\/p>\n<p class=\"wp-block-paragraph\">Daily Business Bulletin:\u00a0Subscribe here for our free morning bulletin of breaking news<\/p>\n<p>           \t            #Tory #backer #Lord #Ashcroft #takes #stake #Reach #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lord Ashcroft is new on the Reach share register Former Conservative party deputy chairman Lord&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[22092,22091,272,306,11147,22089,18929,22090,3269,2836,2610,7641],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/17122"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17122"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/17122\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}