Eurotech: purchase of Advanet stakes

Amaro (Italy) – November 9th, 2010 – Eurotech, a leading supplier of embedded technologies, products and systems, informs the public that today – through the purchase of the remaining 1.7% equity interest in its subsidiary Advanet, it has completed the exercise of the planned option to acquire the 25% of Advanet’s capital (the option described in the briefing document - prepared pursuant to Article 71 of the Regulation approved by the CONSOB (Italian securities & exchange authority) with its resolution 11971/99 as subsequently amended and supplemented - published on 15 November 2007, to which readers should refer for further information).
The Company announce that, considering also the previous transactions already communicated to the market on June 15th 2010 (regarding 11.8% of the capital) and on June 22nd 2010 (regarding 11.5% of the capital), the total cost of the exercise of the 25% option on Advanet’s capital was 1.114.809.631 Yen, equal to 10.0 million Euro.
The stake owned by Eurotech in the Japanese subsidiary after the exercise of the option thus rises to 90%.






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