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K3 Business Tech’s Major Stake Acquired by Kestrel Partners
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K3 Business Tech’s Major Stake Acquired by Kestrel Partners

K3 Business Technology (GB:KBT) has released an update.

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K3 Business Technology Group PLC, a provider of software solutions for fashion and apparel brands, has announced that Kestrel Partners LLP acquired 8,576 shares at £0.7014 each, increasing their combined indirect control to 29.04% of K3’s issued share capital. The transactions involved various nominees, including Bank of New York Nominees Ltd and Northern Trust Company, with further details provided in line with EU Market Abuse Regulation.

For further insights into GB:KBT stock, check out TipRanks’ Stock Analysis page.

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