27th Jul 2018 10:37
LONDON (Alliance News) - Blancco Technology Group PLC said Friday SFM UK Management LLP had almost doubled its stake in the data security firm to 10% in a transaction last Monday.
SFM held 6.5 million shares in Blancco after the transaction, equivalent to a 10.1% stake in the firm. Prior to the deal, SFM had a 5.7% stake.
In early July, Blancco expected full year revenue to be ahead of the GBP27.7 million reported the year prior but not as much as expected.
Shares in Blancco were 0.7% higher at 77.00 pence on Friday.
Related Shares:
BLTG.L