RESPONSE TO INVESTOR / MEDIA QUERIES ON SALE OF SHARES
May 10, 2017
Allen Ambor has sold 3.1 million shares in Spur Corporation to diversify his personal financial portfolio and to realise value from his investment in Spur which accumulated since he founded the group in 1967.
Allen (75), as Chairman and brand custodian of Spur continues to make an invaluable contribution to the creative marketing of the evolving Spur brand in an ever-changing and challenging environment. Not many companies are in such a privileged position to be able to draw on 50 years of expertise and institutional knowledge.
The team at Spur materially benefits from the continuing mentoring and guidance by Allen.