White Bidco Limited, an entity indirectly owned by the Francisco Partners Funds, has acquired 7,081,099 shares of Blancco Technology Group, representing approximately 9.35% of the company's existing issued share capital. In total, Bidco and its nominees have received valid acceptances of the offer in respect of 49,753,265 Blancco shares, representing approximately 75.06% of the company's existing issued share capital. As a result, Bidco is waiving down the acceptance condition from not less than 75% to not less than 65.71% of Blancco shares, and the offer has become unconditional. Bidco intends to procure the cancellation of Blancco shares on AIM, which will reduce the liquidity and marketability of the shares. Blancco shareholders who have not yet accepted the offer are urged to do so as soon as possible.