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IN BRIEF: Dowgate Capital sells shares in TPXimpact, alongside CEO

20th Oct 2021 19:29

TPXimpact Holdings PLC - London-based IT consulting - Shareholder Dowgate Capital Ltd sells 5.6 million shares in TPXimpact for 230 pence each, totalling GBP12.9 million.

In addition, as part of the block trade, Chief Executive Officer Neal Gandhi had sold 1.8 million shares, and Chief Financial Officer Oliver Rigby 850,000 shares at the issue price.

TPXimpact will not receive any proceeds from the block trade. The shares sold reflect 9.7% of the company's issued share capital.

Gandhi now holds 8.6 million shares following the sale, and Rigby 4.3 million shares.

Current stock price: 235.00 pence

Year-to-date change: up 24%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Tpximpact Hldg
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