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Primorus ups stake in Australian payments firm Zuuse

By BFN News | 09:47 AM | Thursday 01 October, 2020

Primorus Investments has announced a A$2 million (£1.1 million) investment into Australian construction payments software company Zuuse. The deal will raise Primorus's stake in Zuuse to 1.7% of the company's share capital. The investment company said it was seeking to take a portion of the new allocation in secondary stock at a slightly lower price should it become available. To help fund the purchase, Primorus sold part of its stake in Greatland Gold through "a structured series of sales". It retains a £4 million stake in the gold company. At 9:47am: (LON:PRIM) Primorus Investments Plc share price was +0.15p at 3.8p Story provided by

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