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Investec Bank buys 50,000 shares in Logistics Development Group on Oct 26, 2026

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27 Oct 2026, 15:57 WIB
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Investec Bank buys 50,000 shares in Logistics Development Group on Oct 26, 2026

Investec Bank Plc, acting as financial adviser to DBAY Advisors Limited, purchased 50,000 ordinary shares of Logistics Development Group plc on October 26, 2026, at a price of 21.5 per share. This transaction was disclosed under Rule 8.5 of the Takeover Code, indicating a client-serving capacity dealing. There were no derivative transactions or other agreements related to this purchase. This move may signal confidence in Logistics Development Group's prospects or strategic positioning ahead of potential market developments.

The story on Logistics Development Group is presented alongside Pluang's Industrials sector market data for context. For readers following Industrials, as of Oct 27, 2026 14:51 WIB, 65 of 135 priced US stocks rose while 57 fell. Notable movers include FLUX at USD 0.41 with a -2.53% change and 85% sell order activity, EOSE at USD 1.65 with a +1.85% change and 57% buy order activity, and AMSC at USD 25.87 with a +1.85% change.

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