Sir Tom Hunter sell shares in Sigma

Sir Tom Hunter has sold half of his stake in property developer Sigma Capital.

The entrepreneur, who owned almost 22 per cent of Edinburgh-based Sigma through his investment firm West Coast Capital, has cut his holding to just under 11 per cent.

Aim-quoted Sigma announced earlier this week that it had sold an unnamed company from its old venture capital fund portfolio in a move that would bring in £200,000 in cash.