March 19 (Reuters) - Flexdeal SIMFE SA FLEXD.LS:
UPDATES INTENTION TO INCREASE STAKE IN RAIZE TO UP TO 51%
INTENDS TO BUY 1.8 MILLION SHARES OF RAIZE AT 0.84 EUROS PER SHARE THROUGH SUBSCRIPTION OF SHARES ISSUED THROUGH CAPITAL INCREASE
INTENDS TO BUY REMAINDER OF RAIZE SHARES AT MARKET PRICE, AIMING TO HOLD 100% OF RAIZE STAKE
TRANSACTION SUBJECT TO NON OPPOSITION BY THE BANK OF PORTUGAL
Source text nFWN3YL198
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