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YTME Youngtimers AG News Story

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Brief: OTI Energy says transfer of OTI's shares in Prodena finalized

Dec 29 (Reuters) - OTI Energy AG  OTI.S : 
    * Has signed, on Nov. 20 a preliminary conditional offer by 
Erva S.R.L., to take over OTI's participation in Prodena S.R.L., 
which accounts for 60 pct of Prodena capital 
    * Conditions of offer have now been realized: agreement with 
shareholder of remaining 40 pct in relation to offsetting of 
residual debt of 1.9 million still to be paid by OTI directly to 
executed by Erva 
 
Source text for Eikon:  ID:nNDS7SbZn9  
     
Further company coverage:  OTI.S  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

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