StockMarketWire.com - Cyber-security software group Defenx said BV Tech made further investments in the company raising its stake to 72%.

BV Tech bought 104,000 and 57,206 shares in Defenx on 6 and 9 December 2019 respectively at 3p per share, representing an approximately 72.2% stake in the company.

The purchase came as Defenx had been allowing its shareholders to sell shares to BV Tech, as part of an 'exit agreement,' amid plans to put forward a resolution to cancel trading of its shares at a general meeting on December 20.

The 3p offer is an 8% premium to Defenx's three-month volume-weighted average price, BV Tech said.

At 8:52am: [LON:DFX] Defenx Plc share price was 0p at 2.75p



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