Centro HL Distribuzione S.p.A. (BIT:CHL) agreed to acquire Price4u from Oscar Corio for €0.08 million on June 12, 2019. Centro HL will pay a cash consideration of €0.045 million and an earnout payment of €0.030 million will be paid by July 31, 2019. The price will be paid by CHL by its own means without resorting to financing or other forms of debt. The effectiveness of the agreement is subject to the suspensive condition - affixed in the interest of CHL and which may be waived by the latter - that Price4u obtains, by the Closing date, the renewal and / or replacement with comparable contracts of some supply contracts that have already expired as of today's date or that will expire in the period between that date and the expected Closing date. The purchase of the total shareholding of Price4u will be completed by July 31, 2019.