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Microlise Group Holdings Ltd. ( (GB:SAAS) ) just unveiled an announcement.
Microlise Group Plc has announced its support for a recommended cash offer for Trakm8 Holdings plc, with Microlise holding 20.01% of Trakm8’s share capital. This strategic move includes a loan convertible into Trakm8 shares, potentially strengthening Microlise’s position in the transport management software industry.
More about Microlise Group Holdings Ltd.
Microlise Group Plc is a leading provider of transport management software aimed at fleet operators, focusing on enhancing efficiency, safety, and reducing emissions. The company, established in 1982, serves over 400 enterprise clients globally and is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: 10.88%
Average Trading Volume: 68,453
Technical Sentiment Signal: Buy
Current Market Cap: £124.1M
Learn more about SAAS stock on TipRanks’ Stock Analysis page.