UTI Group enters into restructuring agreement with EEKEM Group

UTI Group, a digital services company, announced the signing of a restructuring protocol with its main shareholders and a new investor, EEKEM Group. This agreement provides for an immediate contribution of 1 million euros and possibly an additional 500,000 euros.

This financing aims to secure UTI Group's cash flow and reduce its debt. A general meeting will be held this fall to approve a reserved capital increase of 2.46 million euros for EEKEM Group, as well as the appointment of new directors.

With these changes, EEKEM Group would hold up to 81.02% of the company's capital, thus ensuring its control. This restructuring should allow UTI Group to deploy its strategic plan and strengthen its position on the market.