Coyote System SAS entered into agreements to acquire 48.94% stake in Traqueur SA (ENXTPA:ALTRA) from IPSA and InnovaFonds SAS, Jean-Jacques Schmoll and members of his family, Marc Verdet and members of his family for €2.4 million on May 5, 2017. Under the transaction, 0.78 million shares will be acquired from investment funds managed by IPSA, 0.53 million shares from investment funds managed by InnovaFonds, 0.14 million shares from Jean-Jacques Schmoll and members of his family and 0.073 million shares from Marc Verdet and members of his family. The acquisition is accompanied by a possible supplement in the event that transactions are carried out on the basis of a higher price not later than June 30, 2018. Following the actual acquisition of the shares, Coyote System will file to the AMF a voluntary public takeover bid for the balance of the capital of Traqueur under financial conditions at least as favorable as the sellers of blocks. The acquisition of these shares is not subject to any suspensive condition. The completion of the acquisition should take place within the next few days, following completion of the required formalities.