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IN BRIEF: DBAY Advisors completes purchase of 29% stake in Anexo

3rd Mar 2021 15:07

Anexo Group PLC - Liverpool-based legal services provider - DBAY Advisors Ltd completes purchase of 29% stake in Anexo at 150 pence per share, following approvals from Financial Conduct Authority and Solicitors' Regulatory Authority. In a deal first announced back in November, DBAY agreed to buy the stake from senior company executives. Founder & Executive Chair Alan Sellers sold DBAY 15.1 million shares in total between two tranches and now has 20.0 million remaining for a 17% stake. Managing Director Samantha Moss sold 15.9 million shares in total and now has 20.6 million, an 18% holding. Direct Accident Management Ltd Sales Director Vanessa Slater sold 3.1 million shares in total and now has 4.1 million. The trio continue in their roles.

Current stock price: 139.00p

Year-to-date change: up 6.9%

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Anexo
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