Director dealings: Kestrel Partners raises stake in IQGeo
IQGEO Group
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IQGeo Group revealed on Monday that Kestrel Partners, of which non-executive director Max Royde is a partner, had acquired 25,000 ordinary shares in the AIM-listed software firm.
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Royde, who was appointed to the board of IQGeo in October 2019, purchased the shares via Kestrel on Friday at an average price of 126.0p each, for a total value of £31,500.
Earlier in September, IQG stated that its software had been selected by a global top-ten electrical utility provider in Japan, with a new contract for more than 4,000 licences with an annual recurring subscription value of more than £500,000.
As of 1635 BST, IQGeo shares were down 3.03% at 128.0p.
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