GlobalData chief increases stake after merger
The chief executive of the newly formed GlobalData has acquired a £53.2m stake in the company as part of the deal.
Globaldata
204.00p
17:15 11/11/24
Media
13,047.83
17:14 11/11/24
Mike Danson acquired over 20.9m shares in the new company, and holds a total stake of 69.7% with over 71.3m shares.
It arose out of Progressive Digital Media Group’s acquisition of GlobalData Holding Limited, of which Danson was an owner.
The merger was finalised on Monday, which included the disposal of Progressive Trade Media Limited.
When announced in December, the company said the acquisition would "significantly extend the Company's global reach in major business information markets".
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