Blancco Campaign

Blancco Campaign Update #4

Campaign members will recall that the restatements of the Blancco accounts for year ending June 2016 and other accounting corrections led to a loss of over £135 million in shareholder value. The previous CEO exercised Stock Appreciation Rights prior to the disclosure of these restatements. ShareSoc referred these issues to the Financial Conduct Authority in January 2018 and, as far as the audit by KPMG was concerned to the Institute of Chartered Accountants for England & Wales (ICAEW) in February 2018. ICAEW ...

Blancco Campaign Update #3

Campaign members will be aware that Blancco has published its Report and Accounts for year ending June 2019. They show an improved performance and positive cash flow. As ever,...