Inside Information: Investment by a Consortium of Investors to Assume Obligations Originally Held by Markku Wilenius

Tecnotree Corporation Inside Information 27 October 2023 at 9:01 EEST

Tecnotree is pleased to announce that it has received legally binding interest from a consortium of shareholders consisting of the Royal Front Investments Group and Luminos Sun Holdings, led by Fitzroy Investments Limited (“Consortium”) for EUR 20,000,000.

Markku Wilenius has confirmed his intention to transfer his unpaid subscriptions rights for his 200 notes to the Consortium to enable proposed transaction.

The parties will now work together over the next 15 days to conclude definitive agreements.