Hungarian software company FreeSoft has sold its 47.3% holding with face value of HUF 400 million in HIGH-TECH Vagyonkezelő, Fejlesztő és Szolgáltató Kft to Kaptár Zrt, FreeSoft announced on Thursday.

As a result of the transaction, since HIGH-TECH owns 440,000 PANNON-FLAX shares, FreeSoft Nyrt’s indirect voting right in PANNON-FLAX Nyrt has fallen from 7.36% to 0%.