Francisco Partners Funds-owned entity, White Bidco Limited (Bidco), has announced the closure of its recommended cash offer for Blancco Technology Group PLC (Blancco) on 16 November 2023. The offer, which was made at a price of 223 pence per Blancco share, became unconditional on 16 October 2023. The anticipated date for the cancellation of Blancco's shares on AIM is 17 November 2023. Blancco shareholders who have not accepted the offer will own shares in an unlisted company and will not benefit from the protections under the AIM Rules. Bidco has also initiated the compulsory acquisition procedure to acquire the remaining Blancco shares. Blancco shareholders who have not accepted the offer by 4 December 2023 will have their shares registered in Bidco's name and the consideration due to them will be sent or held on trust. Settlement of consideration for valid acceptances received while the offer is still open will be made within 14 days after receipt of each acceptance. Blancco shareholders are urged to accept the offer as soon as possible. The offer document and form of acceptance are available on Blancco's website and hard copies can be obtained from Computershare Investor Services.