Alpha MOS: Disposals to promote share liquidity


(CercleFinance.com) – Alpha MOS announced on Monday that Jolt and Ambrosia, its majority shareholders, had decided to implement a number of initiatives to increase the liquidity of the stock.

The two shareholders have given Kepler Cheuvreux a mandate to sell, covering a total of 1.2 million shares, or 600,000 shares each, representing nearly 11.8% of the capital.

At the end of the operation, if it succeeds, Jolt and Ambrosia will retain more than two thirds of the capital of the manufacturer of electronic noses, tongues and eyes for industrial use, against nearly 79.6% today.

By increasing free float, Jolt and Ambrosia want to increase trading in the market and promote liquidity and regularity in stock trading, while reducing price volatility.

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