ECIT AS (OB:ECIT) acquired 91% stake in Pragati Ab on May 7, 2024. ECIT is acquiring 91% of the shares in Pragati AB, with an option to acquire all remaining shares in the company. The acquisition has been settled partly through cash, and partly with treasury shares. After the transaction, ECIT AS? stock of treasury shares is 1,737,168, corresponding to 0.374 % of the company`s total registered share capital. ECIT welcome customers and employees of Pragati. Pragati AB has 21 employees.

ECIT AS (OB:ECIT) completed the acquisition of 91% stake in Pragati Ab on May 7, 2024.