Ebiquity was notified on 5 February that Veronis Suhler Stevenson (VSS), its largest shareholder, has agreed to sell in two tranches its entire stake in the stock via an institutional placing. Assuming successful completion, the free float will almost double from 31.4m (effectively 52%) to c 60.8m (81%) shares. This could attract a number of new institutions to the stock, which is trading at a significant discount to our selected proxy comparators.

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