Brief: ELZAB buys 47 pct stake in COMP's Comp Centrum Innowacji

Zaklady Urzadzen Komputerowych Elzab SA

16/12/2014 07:37

Dec 16 (Reuters) - Zaklady Urzadzen Komputerowych ELZAB SA 
 ELZ.WA : 
    * Said on Monday that following the consent of Supervisory 
Board it acquired 51,125 shares or 47 pct stake in Comp Centrum 
Innowacji sp. z o.o., a unit of COMP SA  CMP.WA  
    * Stake in Comp Centrum Innowacji sp. z o.o. (CCI) was 
acquired at the nominal value of the shares what is equal to 51 
million zlotys ($15.2 million)  
    * Comp Centrum Innowacji sp. z o.o. is engaged in 
implementation of new products for the whole COMP SA's capital 
group (including the company) 
    * The acquisition of the stake in CCI is aimed at 
cooperation of the company and CCI on a common sales platform 
and development of new products 
    * The company sold to CCI the rights to the documentation 
and software of a sales platform that the company acquired for 
GBP 3.3 million ($5.2 million) net from VCO Limited 
    * CCI will pay for the documentation and software 21.5 
million zlotys  
 
     
  
 Source text for Eikon:  ID:nEM1557698  
     
 Further company coverage:  ELZ.WA   
    
($1 = 3.3579 zlotys) 
($1 = 0.6385 pounds) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)) 
 
Keywords: ELZAB/BRIEF