- Sabien Technology said it was in preliminary discussions regarding a possible reverse takeover of Swiss health and leisure resort developer Ptarmigan.

The company's announcement followed media speculation about a possible deal between the companies.

Ptarmigan was currently owned by the Truell family, a 25% shareholder of Sabien.

At 9:14am: [LON:SNT] Sabien Technology Group PLC share price was 0p at 0.19p

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