Australia's Prophecy International rises on UK Royal Air Force deal

Prophecy International Holdings

16/03/2023 04:26

** Shares of Prophecy International Holdings Ltd  PRO.AX 
rise as much as 5.2% to A$0.510, their biggest intraday pct gain
since March 9
    ** The business software developer says it has agreed to
provide its Snare cybersecurity software to the UK Royal Air
Force (RAF) to protect the force across 18 separate RAF defence
networks
    ** Adds deal extends co's reach into the defence sector,
following co's previous deal to provide Snare to the UK Royal
Navy
    ** Stock down 17.8% this year, as of last close
    
  

 (Reporting By Udbhav Krishna P in Bengaluru)
 ((UdbhavKrishna.P@Thomsonreuters.com))