Enprise Group Limited (NZSE:ENS) made an offer to acquire remaining 49.18% stake in iSell Pty Ltd for AUD1.6 million subsequent to June 30, 2020. Under the terms offer price will be AUD 0.3 per share. Enprise Group Limited holds 50.8% stake in iSell Pty Ltd on June 30, 2020. Three shareholders have agreed to accept this offer. The purchase of these shares is subject to pre-emptive rights and iSell Board approval. Enprise Group Limited (NZSE:ENS) completed the acquisition of 16.78% stake in iSell Pty Ltd from existing shareholders for AUD 0.54 million on December 2, 2020. Under the terms Enprise Group Limited will acquire 1.8 million shares for AUD 0.30 per share. Post acquisition Enprise Group Limited increased its holding in iSell Pty Limited to 67.6%. Enprise Group Limited has used existing cash reserves for this acquisition. Exercise of pre-emptive rights will occur before December 31, 2020.