Softtech Engineers Limited — JV/Acquisition, 23-09-2025: Acquisition

SOFTTECH ENGINEERS has confirmed an initial payment for its acquisition of a German entity. The company transferred funds for 50,000 no-par value shares, each with a nominal value of EUR 1.00, marking an initial outlay of EUR 50,000. This strategic move signals SOFTTECH's expansion into the European market, likely aiming to bolster its international presence and potentially broaden its technology capabilities or customer base. Investors should track further updates on the acquired entity's integration and its expected contribution to SOFTTECH's growth.