Sumo Group Plc releases statement regarding acquisition of shareholding by Tencent Holdings Limited

  • Nov 15, 2019 GMT
  • Team Kalkine
  • Tencent Holdings Limited has acquired 15,000,000 shares in the company from Perwyn Bidco (UK) Limited
  • Following the acquisition, Tencent will have 9.96% interest in the company
  • Tencent operates communications and social platforms, digital content, payment and cloud businesses.
  • On 15th November 2019, SUMO shares were trading at GBX 165 at GMT 12:27 PM, up 11 points or 7.14% from the previous day’s closing price level.

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