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LONDON - Barry Cushley has acquired a 29.89% stake in Visum Technologies PLC (LSE:VISU), becoming the company’s largest shareholder, according to a regulatory filing released Tuesday.
The acquisition occurred on June 16 through the issuance of consideration shares following an acquisition transaction, giving Cushley direct ownership of 82.8 million voting rights.
The same regulatory filing revealed significant changes in other major shareholdings. Marc Dixon increased his stake to 6.88% from 4.36%, now holding 19 million shares. Dixon’s position includes 16.77 million shares held indirectly through MAD Consulting LLC.
Meanwhile, two shareholders saw their percentage stakes diluted following the new share issuance. Janne Wallgren’s position decreased to 0.96% from 5.09%, while Omni Egis Ltd’s stake fell to 1.46% from 7.74%, though both maintained the same number of shares at 2.65 million and 4.03 million respectively.
The notifications were submitted to Visum Technologies on June 18 in accordance with UK regulatory requirements for major shareholding disclosures.
The company disclosed these ownership changes through standard TR-1 forms for notification of major holdings as required by the Financial Conduct Authority.
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