Labo Print Spólka Akcyjna (WSE:LAB) signed an agreement to acquire remaining 75% stake in W2P Sp. z oo for PLN 2 million on April 16, 2019. Pursuant to the Agreement, Labo Print will pay PLN 14.667 per share and PLN 1.1 million for all shares. The paid price will be paid in cash on monthly installments from April 2019 to July 31, 2019. In the agreement, the parties have agreed that ownership of the 75% shares and all related rights and obligations, as well as debits, are transferred as of the date of payment of the entire price. In addition, it is agreed that, subject to recovery of any part of the trade receivable by December 31, 2021 by the subsidiary W2P, the price for deal will be increased by half the difference between the amount of this amount recovered until December 31, 2021, and all costs incurred in connection with recovery. The value will be converted into PLN according to the average exchange rate of the National Bank of Poland, and its payment will take place on February 28, 2022. As of the date of payment of the entire price, i.e. by July 31, 2019, Labo Print will become the owner of 100% shares in W2P and giving the right to 100% of votes at the General Meeting of W2P and indirectly dominant in relation to the subsidiary W2P.