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FreeSoft management to buy 12.5% stake in subsidiary

Software company FreeSoft announced Monday that the company’s management would purchase a 12.5% stake in its subsidiary HUMANsoft for a nominal value of HUF 4m.

FreeSoft said it would provide an option for the management to acquire a further 5% stake in HUMANsoft.

Freesoft’s shares are listed in the B category of the Budapest Stock Exchange.