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Sparks commentary - Theon International

Industrials

Sparks - Theon International

More on this equity
Theon International (AMS: THEON) – Planned disposal of shares by Venetus
Published by David Larkam

Venetus (whose shares are primarily held by key executives of Theon Group and Theon’s CEO, Christian Hadjiminas) intends to sell 3.5m shares, c 5% of the total share capital, to improve liquidity. This follows a similar disposal of 3.2m shares, representing 4.5% of the issued share capital in March. We estimate that Venetus and CHRE Investments will continue to own c 70% of the issued capital.

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