RETAILER Malcolm Walker, the founder of the Iceland frozen food chain, has continued to increase his stake in the Individual Restaurant Company.

The company was notified on May 12 that he spent around £110,000 on 867,191 shares priced at 13p.

It takes his stake to 21.75% and follows a trade last month when he bought an extra 500,000 shares in the company, which operates the Piccolino and Restaurant Bar & Grill brands.

IRC, which was founded by entrepreneur Steven Walker - who is not related to Malcol......for the full story register now for free or login below...