(Alliance News) - Catenae Innovation PLC said Thursday Miton Group PLC exited its stake in the the blockchain firm following a transaction on Wednesday.
Miton sold all of its stake in Catenae after the transaction, after having held a 9.5% stake in the firm previously.
Shares in Catenae were 48% higher at 0.032 pence in London on Thursday.
On Wednesday, shares in Catenae sank 36% after forecasting a deeper than expected annual loss amid depressed markets.