Investment bank UBS is working on a $64m block trade out of Technology One.
Shares are being sold on behalf of JL Mactaggart Holdings, which is selling a $28m interest and Masterbah Pty, which is offloading $37m.
The deals represent 2.2 per cent of shares on issue.
Shares are being sold at $9.20 each, a 7.2 per cent discount to their last close of $9.91.
Join the conversation
Coal price not right as Kestrel mine owners seek $4.8bn pay dirt
The owners of the Kestrel coal mine will have to convince buyers to pay about $4.8bn for the mine, but the coal price has fallen about 20 per cent since it was first set to hit the market.
Read more
St John of God in discussions over Healthscope leases
The not-for-profit St John of God Health Care has discussed with Healthco Healthcare and Wellness REIT taking over some real estate leases from tenant Healthscope.
Read more