Gestamp Automocion (ES:GEST) has released an update.
Gestamp Automoción S.A. has disclosed related party transactions exceeding 2.5% of their annual turnover with its shareholder Acek Desarrollo y Gestión Industrial, S.L. and its dependent companies. The announcement details a specific lease agreement between Gestamp Servicios and Subgrupo Inmobiliaria Acek for office space in Madrid, with terms deemed market-compliant by an audit and an independent appraisal.
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