Bloomsbury Publishing (LON:BMY) saw shares rise over 1.5 percent on Monday morning, after one of its authors won the Golden Man Booker Prize.
The celebratory prize was given to celebrate 50 years of Booker prize, with previous winning books from the last five decades nominated for the final award. The decision was put to a public vote, with The English Patient by Bloomsbury author Michael Ondaatje winning the prize for for the best work of fiction from the last fifty years. Nearly 9000 votes were cast in the poll in total.
Two of the five books nominated were published by Bloomsbury, which will be hoping for related sales boost.
“Congratulations to Michael Ondaatje – I am absolutely delighted that The English Patient has received this recognition from a public vote,” said Nigel Newton, Chief Executive of Bloomsbury.
British independent, worldwide publishing house of fiction and non-fiction, based in London, and is a constituent of the FTSE SmallCap Index.
Shares in Bloomsbury (LON:BMY) are currently trading up 1.13 percent at 240.70 (1020GMT).