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Internet specialist Iomart energised by sale of Ufindus

Shares in Iomart surged more than 13% yesterday after the Scottish internet specialist revealed the sale of its online business directory, Ufindus, to BT for £20m in cash.

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MARK SMITH, Deputy Business Editor

Shares in Iomart surged more than 13% yesterday after the Scottish internet specialist revealed the sale of its online business directory, Ufindus, to BT for £20m in cash.