Delta Manufacturing Limited — Important, 19-12-2024: Sale or disposal

Delta Manufacturing Limited has executed a business transfer agreement with MMG Ferrites Private Limited to transfer its soft ferrites business as a going concern. Additionally, a share subscription and shareholders’ agreement has been established with Premo S.L. and MMG, involving the allotment of subscription shares that will allow Premo S.L. to acquire 50% of MMG's share capital, resulting in MMG no longer being a wholly owned subsidiary of Delta Manufacturing. These strategic moves may enhance the company's operational focus and foster new growth opportunities. Investors should watch closely for potential impacts on Delta's market positioning and financial dynamics.