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IN BRIEF: IQGeo stakeholder Charles Stanley updates on sale of shares
IQGeo Group PLC - Cambridge-based telecommunications company - Announces that 10% minority stakeholder Charles Stanley has sold 2% of its share capital in IQGeo, following the May announcement of IQG's acquisition by Geologist Bidco Ltd. Following the sale of shares under the terms of a non-binding letter of intent, Charles Stanley retains 4.7 million shares in IQG, about 8% of total share capital.
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