(Alliance News) - Matica Fintec Spa announced Friday that it has approved a transaction to grant a EUR2.5 million interest-bearing loan to Matica Technologies Group SA.

The latter is a company that-also indirectly through its subsidiary DISO Verwaltungs AG-holds a majority stake in the capital of Matica Fintec.

Matica Fintec's stock closed Friday down 0.9 percent at EUR1.62 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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