Sunday February 16, 2020

Andersons shed major Datalex shareholding bought just one week ago

Cinema Holdings, a vehicle owned by the family, sold the shares in an off-market transaction

Barry J Whyte

Chief Feature Writer

26th January, 2020

Irish cinema moguls the Anderson family sold down a major chunk of their stake in troubled software firm Datalex only a week after buying it, stock exchange filings show.

The Andersons, through their Cinema Holdings vehicle, sold 3.21 per cent of the company’s shares in an off-market transaction. Datalex shares are currently suspended as the company attempts to deal with the fallout of an accounting scandal last year.

The Andersons had been revealed last...

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