Board of Rossari Biotech approved acquisition of 50.10% stake in Romakk Chemicals

At meeting held on 31 July 2021

The Board of Directors of Rossari Biotech at its meeting held on 31 July 2021 has resolved to make a strategic investment by acquiring and/or subscribing to equity shares equivalent to 50.10% of the issued and paid-up share capital of Romakk Chemicals (Romakk) and accordingly, enter into a Share Subscription Share Purchase and Shareholders Agreement to regulate the rights and obligations of the shareholders of Romakk inter-se and for the internal management.

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