Change of Substantial Shareholding

RNS Number : 0946N
Sabien Technology Group PLC
27 January 2021
 

This announcement contains inside information as stipulated under the UK Market Abuse Regulations ("MAR").

27 January 2021

 

 

Sabien Technology Group plc

("Sabien" or the "Company")

 

Change of Substantial Shareholding

 

Further to the announcement by the Company on 22 January 2021, and the termination of the Company's proposed acquisition of the entire issued share capital of Ptarmigan Health Destinations SA, the Board of Sabien announces that it has been informed by the Company's largest shareholder, PSF Private Markets, that it has sold its entire shareholding in the Company.

 

This holding of 363,418,290 shares, representing 25.00% of the issued share capital of the Company, has been placed by the Company's Broker, Peterhouse Capital Limited, with a range of its investor clients, at a price of £0.001175p per share.

 

For further information:

Sabien Technology Group plc

Richard Parris, Executive Chairman

 

  +44 20 7993 3700

 

Allenby Capital Limited (Nominated Adviser)

John Depasquale / Asha Chotai

 

+44 203 328 5656

Peterhouse Capital Limited (Broker)

Duncan Vasey / Lucy Williams

+44 207 469 0930

 

The person who arranged for the release of this announcement on behalf of the Company was Richard Parris, Executive Chairman.

 

A copy of this announcement will be available from the Company's website at  www.sabien-tech.co.uk  .

 

 

 

 

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