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Gamma Communications PLC - London-based cloud communication services provider - Shareholder Hoxton Assets Ltd to sell 2.3 million shares in Gamma to institutional investors via an accelerated bookbuild, reflecting 2.4% of the company's issued share capital. Placing price was not disclosed.
Barclays Bank will act as sole global coordinator and bookrunner.
Current stock price: 1,695.00 pence
Year-to-date change: up 3.0%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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