Demofonte S.r.l. entered into deed to acquire M.c. Real Estate S.r.l. from Mevim S.p.A. (BIT:MEV) and others for ?0.5 million on December 29, 2023. Under the terms, public deed of sale in the form of an exchange of the shareholding is set at ?490,000, which is substantially in line with the carrying value of the same shareholding in the balance sheet as of December 31, 2022, and will be paid by the counterparty, Demofonte Srl, through the sale in favor of Mevim, of the property owned consisting of a portion of a condominium building located on the second floor of 492 square meters, and consisting of 15 units intended for offices with attached parking space in the Municipality of Novi Ligure whose total value amounts to ?490,000.