(Alliance News) - Tessellis Spa announced Friday that it has received a notice from Jefferies Financial Group Inc. in connection with the acquisition of indirect controlling interest.

Specifically, Jefferies Financial Group notified the company that it had acquired the majority of voting rights in Opnet Spa-which holds 59.26 percent of Tessellis' share capital-through its subsidiary BEI Italia Wireless, LLC, as a result of the conversion of convertible preferred shares into common shares, held by BEI Italia Wireless in Opnet.

Prior to the conversion, the statement said, BEI Italia Wireless held approximately 49.99 percent of the total exercisable voting rights in Opnet. As a result of the conversion, EIB Italia Wireless will hold shares giving approximately 72.58 percent of the total exercisable voting rights in Opnet and, therefore, will exercise direct control over it and indirect control over Tessellis.

Tessellis' stock on Friday closed in the green by 1.2 percent at EUR0.50 per share.

By Chiara Bruschi, Alliance News reporter

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