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REG - Smarttech247 Group - Disposal of investment in Getvisibility for €1.8m

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RNS Number : 3876E  Smarttech247 Group PLC  10 April 2025

10 April 2025

Smarttech247 Group PLC

 

("Smarttech247", the "Group" or the "Company")

 

Disposal of investment in Getvisibility for €1.8 million

 

Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced
cybersecurity services providing automated managed detection and response for
a portfolio of international clients, is pleased to announce that further to
its recent announcement on 10 March 2025, the sale of Visibility Blockchain
Limited ("Getvisibility") to Forcepoint, a global leader in data and cloud
security, has now been completed and it can confirm that it has received
€1.8 million in cash from the sale.

 

- Ends -

 

*Smarttech247 is a recognised vendor in 2024 Gartner® Market Guide for
Managed Detection and Response.

 

For further information please contact:

 

 Smarttech247 Group PLC                                Tel: +353 21 206 6033
 Ronan Murphy, Executive Chairman

 Raluca Saceanu, Chief Executive Officer

 Nicholas Lee, Finance Director
 SPARK Advisory Partners Limited - Nominated Adviser   Tel: + 44 (0) 20 3368 3550
 Mark Brady / Angus Campbell
 Cavendish Capital Markets Limited - Corporate Broker  Tel: +44 (0) 7220 0500
 Marc Milmo / Hamish Waller

 Tim Redfern / Sunila de Silva - Broking

 Yellow Jersey PR                                      Tel: +44 (0) 20 3004 9512

 Charles Goodwin / Annabelle Wills / Bessie Elliot

 

About Smarttech247

 

Smarttech247 is a multi-award winning automated MDR (Managed Detection &
Response) company. Its platform is trusted by international organisations and
provides threat intelligence with managed detection and response to provide
actionable insights, 24/7 threat detection, investigation and response.

 

The Group's services are geared towards proactive prevention, and it achieves
this by utilising the latest technologies, along with an experienced incident
response team.

 

Smarttech247's offices are located in Ireland, United Kingdom, Romania, Poland
and the USA. The Company was admitted to trading on the London Stock Exchange
on 15 December 2022.

 

For further information please visit www.smarttech247.com
(//www.smarttech247.com)

 

*Gartner disclaimers

 

Market Guide for Managed Detection and Response, 24 June 2024, Pete Shoard,
Andrew Davies, Mitchell Schneider, Angel Berrios, Craig Lawson.

 

Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only
those vendors with the highest ratings or other designation. Gartner research
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should not be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research, including any
warranties of merchantability or fitness for a particular purpose.

 

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its
affiliates in the

U.S. and internationally and is used herein with permission. All rights
reserved.

 

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