27th Dec 2019 11:07
(Alliance News) - Defenx PLC on Friday said BV Tech has acquired a further 190,144 shares in the cyber-security software firm.
The shares were purchased at a price of 3 pence per share. Following the purchase, BV Tech's shareholding in Defenx is now about 79%.
Shares in Defenx untraded at 2.83 pence on Friday morning in London.
On Friday last week, BV Tech bought 831,378 shares, and another 321,858 shares on Monday, at a price of 3p per share.
The share purchases are part of Defenx's exit opportunity, which allows other shareholders in Defenx to sell their holdings to BV Tech for the set price.
On Friday last week, shareholders voted in favour of cancelling Defenx's shares from AIM on January 7. The exit opportunity will remain open until January 6.
By Ife Taiwo; [email protected]
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