(Alliance News) - Reti Spa has announced that on October 27 it made the second payment of EUR200,000 referring to the entry into the share capital, with a shareholding currently equal to 11.36 percent, of C.NExT - a newly established company at the head of the project for the development of eleven new innovation poles throughout the country and one across the border, aimed at digital transformation projects.

The company recalls that the total amount, subscribed by Reti on March 16, 2022, was EUR500,000 and that on the same date the first payment was made in the amount of EUR200,000.

The last payment of remaining EUR100,000 will be made no later than December 31, 2024.

On Wednesday, Reti closed 0.9 percent in the red at EUR2.28 per share.

By Claudia Cavaliere, Alliance News reporter

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