Brief: Techmadex Completes Share Buyback Programme

Mangata Holding SA

12/06/2018 08:59

June 12 (Reuters) - TECHMADEX SA  TDX.WA :
    * SAID ON MONDAY IT BOUGHT 0.5 MILLION OWN SHARES FROM ITS
SHAREHOLDER, MANGATA HOLDING SA  MGTP.WA , FOR 2.0 MILLION
ZLOTYS 
    * PURCHASED SHARES REPRESENT 34.03 PERCENT OF CO'S SHARE
CAPITAL
    * SHARES WERE PURCHASED FOR REDEMPTION
    * COMPANY ALSO SIGNED CONTRACT WITH MANGATA HOLDING UNDER
WHICH
TECHMADEX TRANSFERRED THE PERPETUAL USUFRUCT RIGHT TO REAL
ESTATE IN WARSAW ON MANGATA HOLDING
    * ESTIMATED VALUE OF REAL ESTATE AMOUNTS TO 1.5 MILLION
ZLOTYS
    * THE DIFFERENCE BETWEEN VALUE OF ACQUIRED OWN SHARES BY
TECHMADEX
AND VALUE OF REAL ESTATE TRANSFERRED ON MANGATA HOLDING WAS
SETTLED BETWEEN PARTIES 

    
 Source texts for Eikon:  urn:newsml:reuters.com:*:nEM7Z7dGga,  urn:newsml:reuters.com:*:nEM5Mw5QTa
    
 Further companies coverage:  TDX.WA ,  MGTP.WA 
   


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