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MARE Mare Engineering SpA News Story

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Brief: Mare Group Ups Stake In TradeLab To 22.4%

Dec 22 (Reuters) - Mare Engineering Group SpA MARE.MI, TradeLab SpA TRAI.MI:

SAID ON FRIDAY MARE GROUP HAD INCREASED ITS STAKE IN TRADELAB TO 22.4%

TRADELAB BUYS BUSINESS UNIT FROM MARE GROUP FOR EUR 0.9 MLN

MARE GROUP SUBSCRIBES TRADELAB'S EUR 3 MLN RESERVED CAPITAL HIKE

COMPANIES SIGN COMMERCIAL AGREEMENT TO CONJOINTLY DEVELOP BUSINESS UNIT

 Further company coverage: MARE.MI TRAI.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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