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Fri, 27th Apr 2018 16:47
LONDON (Alliance News) - Corero Network Security PLC said Friday Miton Group PLC has taken its interest in the company to 15.9%.
Prior to Thursday's transaction, Miton had a 5.3% stake in the online security company. Miton now has an interest in 61.2 million out of Corero's 385.0 million issued shares.
Shares in Corero closed up 6.1% Friday at 6.50 pence each.
Corero Network Security has entered into a conditional agreement to sell its holding in subsidiary Corero Business Systems (CBS). The company, which provides security for server targeted attacks that easily bypass firewalls, has proposed the sale of its entire legal and beneficial holding in the bu
Read moreCairn Energy on Wednesday announced that its Chief Executive, Deputy Chief Executive, and Managing Director / Chief Financial Officer all increased their holdings in the company, showing their faith after the group delivered a decline in full year pre-tax losses. Chief Executive Simon Thomson and
Read moreShares in Corero Network Security dropped over 15 per cent on Friday after the network security and business software provider announced plans to place 27m shares at 15p each with both new and existing shareholders. The proposed placing would raise up to £4.05m before expenses, which would provide
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