Famur S.A. (WSE:FMF) made an offer to acquire remaining 34.18% stake in Primetech S.A. (WSE:PTH) for PLN 7.7 million on June 14, 2019. The offer per share is PLN 1.45. The tender offer will open on July 5, 2019 and first tendering period will close on July 22, 2019. The second tendering period will close on August 5, 2019 and expected date of settlement of purchases completed on the second purchase date will not later than August 9, 2019. As of July 22, 2019, the second tendering period will close on September 12, 2019. Post completion, the stake of Famur will increase to 100%. Famur will carry out squeeze out of Primetech's shares if reaches at least 90% stake in primetech. Malgorzata Jachymek and Anna Kucharska of Santander Bank Polska S.A. – Santander Biuro Maklerskie acted as brokers for Famur.

Famur S.A. (WSE:FMF) completed the acquisition of 7.4% stake in Primetech S.A. (WSE:PTH) for PLN 1.8 million on September 12, 2019. Under the offer, Famur S.A purchased 1.16 million shares. As a result of the transaction, Famur S.A. holds 73.23% stake in Primetech.