An unknown buyer signed an agreement to acquire an additional 4% stake in Tessi SA (ENXTPA:TES) from funds managed by Amiral Gestion SA for €15.7 million on October 21, 2020. The sale price is €120 per share. A price supplement would be paid to Amiral Gestion if the buyer files a public offer declared compliant within six months at a higher price, which the buyer does not intend. In a related transaction, an unknown buyer signed an agreement to acquire an additional 3.43% stake in Tessi SA from funds managed by Sycomore Asset Management SA on October 21, 2020. Transaction is expected to close by October 28, 2020.