A major investor in a commercial energy and sustainability consultancy has sold its entire stake.
BGF, which was founded by Barclays in 2011, had previously had a holding of just over 7% in Inspired plc.
The company had held the shares in behalf of Pershing Securities in Liverpool.
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Inspired plc is headquartered in Lancashire and recently vowed to help its customers through the energy crisis as inflation forces prices to rise.
It also revealed it returned to making a pre-tax profit during 2021 while its revenue also increased by almost 50%.
Gresham House Asset Management is the largest single shareholder in the company, with a stake of more than 21%.
Other major investors include Slater Investments, Fidelity International and Premier Miton Investors.
