Recent share purchases in Lathams by UK Gloucester-based International Plywood have taken its shareholding to 963,736 shares, giving it a 4.96% share in the company.

The shareholding at the current share price of £2.96 is worth about £2.85m.

Only Sir Robert McAlpine Enterprises (1.35 million shares/6.95% shareholding) and Lathams chairman Peter Latham (1.1 million shares/5.72% shareholding) are larger shareholders in the company.