(Alliance News) - As of July 31, Met.Extra Spa's net financial debt showed a balance of approximately EUR525,000 and a slight decrease from EUR527,000 in the previous month, the company announced.

On November 28, 2022, a take-over agreement was signed between Met.Extra, Amiral Srl and Kyklos Spa with reference to the EUR100,000 loan granted by Amiral to Met.Extra, whereby the latter becomes indebted to Kyklos counterparty only, and after partial repayment, the current debt totals EUR133,000, maturing on December 31 of this year.

Met.Extra's stock closed down 11 percent at EUR2.78 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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