Investec discloses dealings in Logistics Development Group shares
Investec Bank reported purchases of 94,706 and sales of 50,710 ordinary shares in Logistics Development Group on October 9, 2026.
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what happened
According to GlobeNewswire, Investec Bank Plc disclosed dealings in Logistics Development Group plc securities under Rule 8.5 of the UK Takeover Code. The transactions were carried out on October 9, 2026, by the exempt principal trader in a client-serving capacity.
Investec purchased 94,706 ordinary shares at a highest and lowest price of 20 per share. It sold 50,710 ordinary shares, with the highest price at 20 and the lowest at 20.7 per share.
Investec is financial adviser to DBAY Advisors Limited. The bank reported no indemnity, option or other dealing arrangements that could induce dealing or non-dealing, and no agreements relating to options or derivatives. The disclosure was dated October 12, 2026.
why it matters
The filing records share transactions by an adviser to a party involved in the offer under the UK Takeover Code’s disclosure requirements.
instruments
sources
- Form 8.5 (EPT/RI)-Logistics Development Group plc — GlobeNewswire, 12 October 2026 at 08:10 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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