Pri0r1ty Intelligence Group PLC (LSE:PR1) has launched an investigation into a potential violation of a lock-in agreement by Primorus Investments plc, which is believed to have sold its shares in Pri0r1ty prior to the expiration of the agreed 12-month holding period. The company has issued a formal letter of claim and is evaluating the possibility of legal action, pending a substantive reply from Primorus. The incident has raised concerns among investors and may influence Pri0r1ty’s legal approach and broader operational decisions moving forward.
About Pri0r1ty Intelligence Group PLC
Pri0r1ty Intelligence Group PLC is a UK-based provider of AI-driven data and marketing solutions, catering primarily to small and mid-sized enterprises. Its Software-as-a-Service platform automates key functions including social media, investor engagement, and corporate governance. The group also includes Halfspace, a marketing and technology firm that supports high-profile clients in the sports and entertainment industries, such as Premier League clubs and motorsport teams.
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