Flexdeal Says Intents To Increase Stake In Raize To Up To 100% Share Capital

About this update from Flexdeal - Simfe Sa

Flexdeal SIMFE SA EURONEXT:FLEXD:UPDATES INTENTION TO INCREASE STAKE IN RAIZE TO UP TO 51%INTENDS TO BUY 1.8 MILLION SHARES OF RAIZE AT 0.84 EUROS PER SHARE THROUGH SUBSCRIPTION OF SHARES ISSUED THROUGH CAPITAL INCREASEINTENDS TO BUY REMAINDER OF RAIZE SHARES AT MARKET PRICE, AIMING TO HOLD 100% OF RAIZE STAKETRANSACTION SUBJECT TO NON OPPOSITION BY THE BANK OF PORTUGAL

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