Softtech Engineers Limited has informed the Exchange about Agreements
SOFTTECH · price
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Softtech Engineers Limited has signed a Share Purchase Agreement with Ms. Sandy Möser to buy 50,000 no-par value shares (nominal value EUR 1.00 each) of SoftTech Digital AG. Post-acquisition, Softtech Engineers will hold 100% in SoftTech Digital AG. The deal is aimed at expanding the company's business footprint in the German market and strengthening its international operations. The seller is not related to the promoter or promoter group, and the transaction is not a related party transaction. No special rights such as director appointment or share subscription rights are attached to the agreement.
This acquisition gives Softtech Engineers full ownership of its German subsidiary, supporting its international growth strategy. While the deal size appears modest, it could enhance the company's global presence and may be viewed positively by investors looking for international expansion.