SINGULARLOGIC S.A.
Successful completion of the acquisition of 99.20% of the company GIT HOLDINGS SA
According to article 10 of Law 3340/2005 , article 2 of decision 3/347/12.7.2005 of CMC and the relevant announcement on 26/11/2008, SingularLogic S.A. informs the investors for the completion of the transfer of the remaining 30,08% of shares of the company "GREEK INFORMATION TECHNOLOGY HOLDINGS SA" with distinctive title "G.I.T" on 11/12/2008. The above transfer finalizes the acquisition of 99,20% of the share capital of GIT HOLDINGS SA for a total value of euro 1.438.000,20.
The aforementioned acquisition is expected to positively affect the results of SingularLogic Group, strengthening its presence in the IT market through the indirect participation which GIT HOLDINGS SA maintains in the IT companies DYNACOMP SA., INFO SA, METASOFT SA, SYSTEMSOFT SA and CHERRY SA.
The aforementioned acquisition is expected to positively affect the results of SingularLogic Group, strengthening its presence in the IT market through the indirect participation which GIT HOLDINGS SA maintains in the IT companies DYNACOMP SA., INFO SA, METASOFT SA, SYSTEMSOFT SA and CHERRY SA.