CCC Shoes & Bags Sp. z o. o. and MKK3 have agreed, at the initiative of CCC, on further capital steps regarding the 5% stake in Modivo SA, owned by MKK3 and covered by the option.
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The transaction is an element of the implementation of the CCC Group’s objectives regarding the consolidation of Modivo’s shareholders.
The Management Board of CCC SA also announced that it plans to buy back shares in DeeZee Sp. z o. o. in the second half of this year (CCC currently holds 75% of shares).
The acquisition of shares in Modivo and shares in DeeZee Sp. z o. o. will be financed from CCC SA's own funds. After the acquisition, the shares and interests will be pledged in favor of CCC's financing institutions.
