(Alliance News) - Smartspace Software PLC on Monday said HSBC Holdings PLC has raised its stake in the company from below the notifiable threshold.
Following the transaction, which took place on Thursday last week, HSBC has a 5.5% holding in the space management technology firm, which is based in Luton.
Shares in Smartspace Software finished 15% lower on Monday in London at a price of 20.00 pence each.
By George Collard; georgecollard@alliancenews.com
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