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on The Naga Group AG (isin : DE000A161NR7)

The NAGA Group AG Successfully Clears Merger Approvals with CAPEX.com

The NAGA Group AG has obtained regulatory approvals for its merger with Key Way Group Ltd, operating under CAPEX.com. This marks a significant step forward in creating a leading global neo-broker with 1.5 million users across 100 countries. The merger follows the Extraordinary General Meeting resolution from April 12, 2024, and is expected to conclude by the end of August 2024.

Octavian Patrascu, CEO of The NAGA Group AG, emphasized the strategic importance of this approval for the company's growth. He looks forward to advancing the joint company and setting new industry standards.

Additionally, The NAGA Group AG invites stakeholders to its Capital Markets Day on July 11, 2024, at 16:00 CEST. The event, hosted virtually by CEO Patrascu, will outline the company's strategic vision and future plans. Interested parties can register online, and post-event materials will be available on the company's Investor Relations page.

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