12th May 2015 06:47
LONDON (Alliance News) - JP Morgan Securities Tuesday said that Estorn Ltd has agreed to sell 30 million Regus PLC shares at 245 pence each, raising gross proceeds of about GBP73.5 million for the vehicle controlled by the serviced office provider's founder Mark Dixon.
Dixon will still hold about 294.3 million Regus shares after the deal, or about a 31.4% stake in the business.
Regus shares closed at 262.80 pence on Monday.
By Steve McGrath; [email protected]; @stevemcgrath1
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