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Avanti Communications Says Review Ongoing As Share Price Jumps

5th Aug 2016 12:51

LONDON (Alliance News) - Avanti Communications Group PLC Friday noted a rise in its share price Friday, and reiterated that it is conducting a strategic review to consider all financial and strategic options.

The satellite data communications firm had announced the strategic review in July, and said Friday this review is ongoing and it will provide an update in due course.

Shares in Avanti were up 32% at 42.94 pence Friday, having jumped as high as 54.15 pence earlier in the day.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.


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