Former Glen Dimplex chief executive has added to his stakes in Datalex and Malin
Sean O’Driscoll, the former chief executive of Glen Dimplex, has been active again in the Irish stock market in the last month, new filings show.
And more recently, he increased his holding in Malin Corporation, the life sciences company, pushing his stake from 10.19 per cent to 11.32 per cent. At Malin’s current share price of around €5.40, that values his stake at around €12.4 million. EY Entrepreneur of the Year profiles: From treating hair loss in men to providing e-scooters across Europe, here are some of this year’s nomineesQuite what any of this has done for O’Driscoll’s portfolio is a little hard to determine. He guards his financial information assertively. For example, when the news of his stake in Providence was first disclosed to the market, the filing referred only to “S O’Driscoll and R O’Riordan” — that is, Sean O’Driscoll and his wife, Rose O’Riordan.
Meanwhile, his investment vehicle, Roaring Waters Limited, gives little more information on what else might be in his portfolio. The most recent accounts, which are for the period to the end of December 2022, show that O’Driscoll and O’Riordan had investments worth €14 million and cash worth €3.6 million.
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