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MGT Mangata Holding SA News Story

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Brief: Zetkama to acquire 51.62 stake in Techmadex SA

Oct 14 (Reuters) - Techmadex SA  TDX.WA : 
     
    * Said on Monday that has signed an agreement with its 
majority shareholders, Lucjan Galecki, Dariusz Gil, Jerzy 
Kamecki and Henryk Cukier, to sell 350,000 of the company's 
shares to Zetkama SA  ZKA.WA  for not more than 8,050,000 zlotys 
    * Says Zetkama will pay for the aforementioned shares 6.3 
mln zlotys and the remaining 1,750,000 zlotys will be paid only 
if the company achieves certain financial parameters  
    * Said Zetkama will also buy 423,327 of the company's newly 
issued series F shares for 7,619,886 zlotys (or 18 zloty per 
share) 
    * Said the above transactions will allow Zetkama to acquire 
51.62 pct stake (773,327 shares) in the company 
  
 Source text for Eikon:  ID:nEB1371193  and  ID:nEB1371194  
     
 Further company coverage:  TDX.WA  ZKA.WA   
    
    ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920)) 
 
 
Keywords: TECHMADEX/BRIEF

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