Acquistor Holdings increases Baltimore stake

Investment fund Acquisitor Holdings has again increased its stake in Baltimore Technologies to over 8%.

Aim-listed Acquisitor has not indicated its intentions toward Baltimore other than to say it invests in companies it believes are under-valued by the stock market.

Management at Baltimore Technologies will decide by early next year the best way to maximise value for shareholders following the sale of its core PKI business in September which rendered Baltimore a shell company.