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Microlise Group’s Chairman Increases Stake in Strategic Move
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Microlise Group’s Chairman Increases Stake in Strategic Move

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The latest update is out from Microlise Group Holdings Ltd. ( (GB:SAAS) ).

Microlise Group plc, a prominent provider of SaaS-based transport technology solutions, has announced a significant share purchase by its Non-Executive Chairman, Jonathan Lee. On 20 December 2024, Lee acquired 19,417 ordinary shares at a price of £1.03 each. This transaction increases his total shareholding to 93,491 shares, representing 0.08% of the company’s issued share capital. The purchase underscores confidence in the company’s strategic direction and could positively influence stakeholders’ perception of its market position.

More about Microlise Group Holdings Ltd.

Microlise Group Plc is a leading provider of transport management software to fleet operators, aimed at improving efficiency, safety, and reducing emissions. The company has over 400 enterprise clients and a global presence with offices in the UK, France, Australia, and India, employing over 750 staff. Microlise is listed on the AIM market of the London Stock Exchange and holds the Green Economy Mark.

Average Trading Volume: 151,188

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £111.9M

For detailed information about SAAS stock, go to TipRanks’ Stock Analysis page.

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