Nureca Limited — Important, 16-11-2024: Agreements

Nureca Limited has entered into a Distribution Agreement allowing its products to be sold on Zepto, a quick commerce platform in India. Currently, the orders received do not meet the established materiality threshold; however, ongoing discussions suggest that order volume and sales could surpass this threshold in the upcoming quarters. This partnership positions Nureca to capitalize on the growing demand for quick commerce in the domestic market, potentially enhancing its distribution capabilities and driving revenue growth. Investors should watch closely as the anticipated increase in sales could signify a positive outlook for Nureca, potentially bolstering its market presence and financial performance.