Australia's Link Administration to sell down PEXA stake

PEXA

18/11/2022 05:54

Nov 18 (Reuters) - Australian share registry firm Link
Administration  LNK.AX  said on Friday it would sell about 10%
of its holding in PEXA Group  PXA.AX  at A$13.50 per share and
distribute the remaining stake to its shareholders.
    Link currently owns 42.77% of PEXA and the shares to be sold
represent about 4.3% of PEXA's total issued capital.
 (Reporting by Harshita Swaminathan; Editing by Subhranshu Sahu)
 ((Harshita.Swaminathan@thomsonreuters.com;))