We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sumo Group Plc | LSE:SUMO | London | Ordinary Share | GB00BD3HV384 | ORD GBP0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 512.00 | 512.00 | 513.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
By Ian Walker
Sumo Group PLC (SUMO.LN) said Friday that Tencent Holdings Ltd. (0700.HK) has bought 15 million shares in the company, or 9.96% of its issued share capital, from Perwyn Bidco (U.K.) Ltd.
No price was provided for the transaction. However, based on Sumo's closing share price of 154 pence Thursday the shareholding is worth 23.1 million pounds ($29.7 million).
The London-listed provider of services to the videogame and entertainment industries said that following the deal Perwyn will continue to own 17.38% of its issued share capital.
"We are delighted that Tencent have chosen to acquire a shareholding in the company, and we look forward to working with Tencent to explore co-development opportunities," Sumo Chief Executive Carl Cavers said.
Steven Ma, head of Tencent Games, said: "We are glad to invest in Sumo Group...We look forward to supporting Sumo's growth and exploring collaborations with the company to bring more interactive entertainment experiences to global audiences."
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
November 15, 2019 02:44 ET (07:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Sumo Chart |
1 Month Sumo Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
