Brief: Duro Felguera Sells 60% of Epicom For 5.3 Mln Euros

Duro Felguera SA

22/09/2023 06:09

Sept 22 (Reuters) - Duro Felguera SA  MDF.MC :
    * SAID ON THURSDAY FULFILLED OBLIGATION OF SALE OF 60%
SOCIAL
CAPITAL OF EPICOM 
    * 30% WAS SOLD TO INDRA SISTEMAS AND 30% TO OESIA NETWORKS
    * PRICE RECEIVED BY DURO FELGUERA AMOUNTS TO 5.3 MILLION
EUROS
    * SEPI HAS EXERCISED PURCHASE OPTION OF MARCH 5, 2021,
MODIFIED
CONTRACTUALLY ON MARCH 31, 2023, WHICH WAS FIRM ON MAY 13, 2021
    * SALE OF EPICOM, ALLOWS PROGRESS IN COMPLIANCE WITH
CONDITIONS
FOR DISBURSEMENT OF LOANS COMMITTED BY INVESTOR, GRUPO PROMOTOR
DE DESARROLLO E INFRAESTRUCTURA, AND MOTA–ENGIL MEXICO, AND
MAKES IT POSSIBLE TO PROCEED WITH THE ENTRY OF INVESTOR IN SHARE
CAPITAL OF DURO FELGUERA

        
 Source text: https://tinyurl.com/43bnxf4p
 Further company coverage:  MDF.MC  

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