25th May 2016 08:25
LONDON (Alliance News) - Investment company Blue Star Capital PLC on Wednesday said it has sold its 4.9% stake in Vigilant Applications Ltd for GBP220,000.
Blue Star got the stake in Vigilant, a UK-based behaviour monitoring software firm, in 2012 after Vigilant bought Overtis Group Ltd, to which Blue Star had made a GBP150,000 secured loan.
Blue Star said the sale price is broadly in line with the valuation of its Vigilant stake at the end of September.
Shares in Blue Star were down 22% to 0.10 pence on Wednesday, the worst performer in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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