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MFT — Matica Fintec SpA News Story

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Brief: Matica Fintec Signs $8 Mln Deal To Buy 51% Stake In Credence ID

Dec 22 (Reuters) - Matica Fintec SpA MFTC.MI:

BUYS 51% STAKE IN CREDENCE ID

INVESTS USD 8 MILLION FOR 51% OF CREDENCE

NEXT PHASE INCLUDES UP TO USD 4 MILLION INVESTMENT

AGREEMENT INCLUDES PUT/CALL OPTION UP TO 100% SHARE CAPITAL FROM 2029

Further company coverage: MFTC.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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