29th Nov 2016 08:45
LONDON (Alliance News) - Blancco Technology Group PLC on Tuesday said it continues to trade in line with market expectations, and announced Chairman Matthew Peacock plans to leave the group.
Blancco, formerly called Regenersis, changed its name after becoming a pure-play technology company earlier this year by selling off its repair services unit.
The group on Tuesday said trading remains strong and is ahead of the same period the prior year.
Blancco noted the process of appointing a new chairman is well advanced, with a new appointment expected in the first quarter of calendar year 2017. Peacock will remain on the board until a successor is appointed.
Shares in Blancco were up 3.1% at 219.00 pence on Tuesday.
By Hannah Boland; [email protected]; @Hannaheboland
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