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LONDON - Software (ETR:SOWGn) Circle PLC (AIM:SFT), a UK-based acquirer of vertical market software businesses, disclosed changes in its major shareholdings today. The company reported that Chapters Group AG’s stake has decreased to 103,634,908 ordinary shares, now representing 26.5674% of the issued share capital. Conversely, Value Focus Beteiligungs GmbH has increased its holding to 105,910,910 ordinary shares, constituting 27.1508% of the issued share capital.
This reshuffling of shares marks a notable shift in the ownership structure of Software Circle, which specializes in providing an exit strategy for founders of software businesses and aims to maintain the entrepreneurial culture and independence of the companies it acquires.
Gavin Cockerill, the CEO of Software Circle, is available for further information through the company’s investor relations contact. Allenby Capital Limited acts as the Nominated Adviser and broker for the company and can be reached for additional corporate finance and broking details.
Software Circle has positioned itself as a permanent home for the management talent, teams, and culture of the businesses it acquires, emphasizing an uninterrupted, decentralized operational approach. The company’s strategic approach has been to ensure that the essence of the acquired entities remains intact while providing the benefits of being part of a larger group.
The changes in shareholdings come at a time when Software Circle continues to strengthen its market presence and expand its portfolio of software companies. The company’s approach and recent developments can be further explored on its website.
The information regarding the changes in shareholdings is based on a press release statement and is provided by RNS, the news service of the London Stock Exchange (LON:LSEG). The Financial Conduct Authority has approved RNS to act as a Primary Information Provider in the United Kingdom (TADAWUL:4280).
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