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Birmingham Post

Business

Jon Robinson

Major investor in musicMagpie sells entire stake

musicMagpie London Stock Exchange

A major investor in musicMagpie has sold its entire stake, according to newly-filed documents with the London Stock Exchange.

Liontrust Asset Management Plc has liquidated its holdings in the Stockport-headquartered company which had totalled more than 8.9%.

The investor had been one of the largest single backers of musicMagpie alongside the likes of Canaccord Genuity Wealth Group and co-founder Steve Oliver.

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