The owner of SA Taxi says the sale of 69-million shares by its owners will improve the share’s liquidity
Transaction Capital said on Wednesday three of its founders had collectively sold R1.6bn in shares, which has diversified its investor base and should improve the liquidity of its shares.
The price of R23.50 per share represented a 5.2% discount to the pre-launch 30-day volume weighted average, the company said.
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