Mare Engineering Board Has Approved Merger Plan For Powerflex Incorporation

About this update from Mare Engineering Group Spa

Mare Engineering Group SpA MIL:MARE:SAID ON MONDAY BOARD HAS APPROVED MERGER PLAN FOR INCORPORATION OF POWERFLEXDEAL TO NOT INVOLVE NEW SHARES ISSUE, MARE'S DIRECT PARTICIPATION IN POWERFLEX TO BE CANCELLED AS IT HOLDS 100% OF POWEFLEX SHARE CAPITALDEAL SUBJECT TO GOLDEN POWER AUTHORIZATION FROM ITALIAN GOVERNMENT Further company coverage:

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