accesso Directors Plan to Sell Down Shareholdings to Institutions

**accesso** Directors Plan to Sell Down Shareholdings to Institutions

Lon­don South East shared a sto­ry from reporter Han­nah Boland of Alliance News detail­ing the plans of some of acces­sos direc­tors and oth­er share­hold­ers to sell up to 2.0 mil­lion shares in the com­pa­ny to insti­tu­tion­al investors in an accel­er­at­ed bookbuild.

The com­pa­ny, which pro­vides tick­et­ing and queue-man­age­ment tech­nol­o­gy to leisure and enter­tain­ment indus­try clients, said that the max­i­mum num­ber of shares that can be sold in the plac­ing equate to an 8.9% stake in the busi­ness. The pric­ing of the plac­ing has not been deter­mined yet. Shares in acces­so closed up 0.4% at 987.55 pence on Tuesday. 

To read the full sto­ry, click here.