Anexo has announced that private equity firm DBAY Advisors (DBAY) is to acquire a 29% stake in the Company at 150p per share (in two tranches) from Directors Alan Sellers and Samantha Moss and co-founder Valentina Slater. The purchase, at a 13% premium to last night’s closing share price, is a significant support for Anexo’s growth strategy, in our view. There is no change to the sellers’ roles within Anexo but, upon completion of the purchase, DBAY will have the right to appoint up to three Non ....
12 Nov 2020
Opportunity knocks
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Anexo Group Plc (ANX:LON) | 65.0 0 0.0% | Mkt Cap: 76.7m
- Published:
12 Nov 2020 -
Author:
Ian Poulter -
Pages:
4
Anexo has announced that private equity firm DBAY Advisors (DBAY) is to acquire a 29% stake in the Company at 150p per share (in two tranches) from Directors Alan Sellers and Samantha Moss and co-founder Valentina Slater. The purchase, at a 13% premium to last night’s closing share price, is a significant support for Anexo’s growth strategy, in our view. There is no change to the sellers’ roles within Anexo but, upon completion of the purchase, DBAY will have the right to appoint up to three Non ....