Business
New Significant Institutional Investor
New Significant Institutional Investor.
About this update from Getech Group Plc
[{"type":"text","content":"\n \nRNS Number : 1136T GETECH Group plc 02 July 2018 \n\nGetech Group plc \n(\"the Getech Group\" or the \"Company\") \n \nBGF joins IP Group as a significant institutional investor in Getech\n \n \nWe note the TR 1 announcements issued by BGF and IP Group. These detail that following a significant acquisition of shares, BGF now has a notifiable equity interest in the Getech Group - holding 10.13% of our issued share capital. Following a sale of shares, IP Group now holds 11.0% of Getech's issued share capital.\nJonathan Copus, CEO of the Getech Group commented:\n\"We are pleased to welcome BGF as a significant shareholder in Getech. Focused on small and medium sized growth businesses, BGF positions its investments to provide equity capital to help management teams in the execution of their strategic plans.\nWith BGF and IP Group now both significant investors in Getech, we consider their support to further strengthen our position as we work to deliver the next phase of Getech's growth - our strategy being to use our geoscience and geospatial skills to target high-margin repeat-revenue opportunities, through the organic and acquisitional expansion of our portfolio of essential software, data, and information products.\"\nFor further information:\n\n \nGetech Group plc Tel: 0113 322 2200\nJonathan Copus, Chief Executive Officer\nWH Ireland Limited &...