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(Alliance News) - Totally PLC on Thursday said Chair Bob Holt "has expressed his willingness" to buy shares in the company from shareholders with 50 shares or fewer.
The sale of such shares is expected to significantly shrink the number of registered shareholders and result in cost savings, since it would have to print fewer shareholder documents.
Shares in Totally, which provides out of hospital services to the UK healthcare sector, were down 1.0% at 9.50 pence in London on Thursday afternoon.