Associated Motor Finance Company PLC has bought 3,018,617 shares of Arpico Finance Company PLC at Rs. 66 per share. This is approximately 40.59 percent the total number of shares in issue in Arpico Finance Company.

With Associated Motor Finance Company already holding 55,000 shares in Arpico Finance, the current purchase increases its stake to 3,073,617 shares, an increase from 0.75 percent to 41.33 percent of the total shares issued in Arpico Finance Company PLC.