LONDON: Intuitive Investments Group plc (IIG) announced that on 2 October 2025 it completed the sale of its entire 100% holding in Touchless Innovations Limited (Sanondaf), to the original owner of the Sanondaf business, Stuart White.
The decision to sell was taken in light of the continuing momentum of IIG’s largest investment, Hui10 Inc (“Hui10”), a technology company leading the digital transformation of the Chinese lottery and the acceleration of the nationwide rollout of its products and services in China. The sale of Sanondaf will enable IIG to focus on the growth and expansion of Hui10.
The sale of Sanondaf was for a consideration of 753,895 IIG shares at a price of £1.19 per IIG share, owned by Stuart White returned to IIG and transferred directly into IIG’s Employee Benefit Trust, IIG Assets. The consideration of the sale is valued at £0.9m. IIG’s newly established Employee Benefit Trust is for the purpose of settling outstanding share option awards.
Giles Willits, Chief Executive Officer of IIG, commented: “IIG wishes Stuart and the team all the best with the future of the Sanondaf business and we look forward to further focusing our attention on Hui10 as the accelerated rollout of its products and services promise to grow into a significant business opportunity, delivering substantial revenue growth and shareholder value.”