Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has today provided the market with another update relating to the sale of its shareholding in MarketFinancials Limited (MF).
The Company has agreed to extend the completion date of the conditional Share Purchase Agreement to sell its entire holdings in MF, a non-core loss-making asset, for €100,000 to 31 October 2019.
Leaprate reminds that, back in January, TechFinancials informed that it intends to sell its holdings in Seychelles Financial Services Authority (SFSA) regulated MarketFinancials Limited to Proverial, for a total consideration of 100,000 EUR.
The Company will provide a further update in due course.