IN BRIEF: Pre-IPO investors to sell GBP27 million Beauty Tech shares

Beauty Tech Group PLC - Cheshire, England-based seller of at-home beauty treatment technology - Joh Berenberg, Gossler & Co KG says shareholders in Beauty Tech indicate they are to sell 8.8 million shares, 7.9% of the company's share capital. Investors were pre-initial public offer shareholders and sale follows a post-IPO lock-in. The sale and price will be conducted and determined by way of an accelerated bookbuild to institutional investors. At Wednesday's closing share price, sales would be worth GBP27.3 million.

Current stock price: 310.00 pence

12-month change: up 7.6%

By Jeremy Cutler, Alliance News reporter

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