LONDON (ShareCast) - Blue Star Capital was handed a boost on Monday one of the companies in which it has invested, Vigilant Applications, has secured a "major" contract.
Under the deal, Blue Star said, Vigilant will supply its Vigilance Pro Enterprise software to NHS Wales, which will use it to monitor and protect its database across the country.
The contract is expected to provide Vigilant, in which Blue Star owns a 4.9% stake, with more business opportunities in the healthcare sector, while the majority of the additional revenue deriving from the deal will be recognised in 2015.
Blue Star shares soared 37.87% to 0.517p at 14:59 on Monday.
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