PTC Industries Limited — Important, 19-10-2024: Agreements

PTC Industries Limited has signed a Share Purchase Agreement to acquire 100% control of Trac Precision Solutions Limited and its associated companies in the UK. This acquisition aims to enhance PTC's operations in the aerospace, defense, and power generation sectors. Following the deal's completion, the target companies will become wholly owned or step-down subsidiaries of PTC. The transaction is pending regulatory approval in the UK and is expected to finalize within three months.