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accesso Technology surges as it continues discussions with several parties over possible sale

The company said it has received “refreshed indications of interest over the last several months”

Accesso Technology Group PLC - accesso Technology surges as it continues discussions with several parties over possible sale
accesso develops electronic ticketing and virtual queuing technologies

accesso Technology Group PLC (LON:ASCO) is continuing discussions with several parties over a potential sale of the business.

In a brief update on Tuesday, the electronic queuing and e-ticketing specialist said it has received “refreshed indications of interest over the last several months” and the interested parties were still engaged in financial and operational due diligence.

READ: accesso Technology continues sale discussions as it draws up strategic plan

While the firm said this was no guarantee that a formal offer will be made, analysts at Peel Hunt said the update “should ease any potential concerns that the sales process had broken down”.

The news sent the shares surging 11.4% to 579p in early deals.

Quick facts: Accesso Technology Group PLC

Price: 545 GBX

LSE:ACSO
Market: LSE
Market Cap: £150.64 m
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