StockMarketWire.com - Energy-saving technology provider Sabien Technology said it had issued new shares in the company to the Truell Intergenerational Family for around £0.33m.

The company had also appointed Richard Parris as its new chairman.

The shares were issued at 0.11p each, a 26% premium to their closing price on Monday, and gave Truell Intergenerational Family a 25% stake in the company.

Parris was previously chairman and chief executive of technology company Intercede.


At 9:51am: [LON:SNT] Sabien Technology Group PLC share price was +0.03p at 0.12p



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