IFAMAGAZINE - Oct 13 - Richard Griffith, one of Cupid’s top-five shareholders, has raised his share capital from 3.9% to 8.9% after buying up 3.2M shares. Cupid reported last month that revenues in H1 declined to £7.2M from £9.4M in H2 2013 due to lower direct marketing spend, a more competition market and delays in implementing product changes.
The full article was originally published at IFA Magazine, but is no longer available.
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