Blue Ocean Media S.A. (WSE:BUM) acquired 1.81% stake in Red Dev Studio Sp. z o.o. from EBC Solicitors Spólka Akcyjna (WSE:EBC) for PLN 0.39 million on February 24, 2017. As per the revised terms of the transaction, PLN 0.39 million has been retained by ECB solicitors for 1.81% stake which was paid earlier as consideration as per the previous terms of the deal.

Blue Ocean Media S.A. (WSE:BUM) completed the acquisition of 1.81% stake in Red Dev Studio Sp. z o.o. from EBC Solicitors Spólka Akcyjna (WSE:EBC) on February 24, 2017. The terms of the transaction were revised on December 22, 2017, the earlier terms stated sale of 48.98% stake with a deal value of PLN 2.2 million, due to non-payment of the remaining amount of PLN 1.39 million, ECB exercises its rigths and transfers ownership back and as a result of reverse transfer of share ECB will hold shares representing 47.17% in Rev Dev and partial paid amount of PLN 0.39 million will remain with ECB solicitors.