()(ASX:BKY) has told the Australia Securities Exchange it knows of no reason why its shares rose significantly in trading on 28 May.
Berkeley’s shares in London rose by nearly 20% to 18.25p in early trade following the boost in Australia.
The company did make reference in its response to the query from the Securities Exchange to recent municipal elections in Retortillo, Spain, where the People's Party now hold four of the five council seats.
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