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Windmill sells stake in Volution

01 November 2016 07:58

Windmill Holdings BV has sold its 22.4% stake in Volution.

The 44,751,087 ordinary shares were placed at 150p apiece realising gross sale proceeds for Windmill of £67 million.

The placing was oversubscribed, with strong demand from high quality institutional investors. Windmill no longer holds any shares in Volution.

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