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Blue Prism directors buy into fundraising

A number of the group's directors upped their stakes during a recent £100m placing
February 21, 2019

The latest numbers from automation software provider Blue Prism (PRSM) revealed deepening losses following further investment in sales and marketing. The group simultaneously announced a £100m share placing – its largest to date – in which chief executive Alastair Bathgate, finance director Ijoma Maluza and non-executive directors Chris Batterham, Charmaine Carmichael and Ken Lever all took part.

IC TIP: Hold at 1,216p
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