lifts stake in unwired to 19.8pc

Sydney - Wednesday - Sep 19: (RWE Australian Business News) -
Engin Ltd (ASX:ENG) today confirmed it had increased its holding in the
ordinary shares of Unwired Group Ltd (ASX:UNW) from 11.37pc to more than
19.8pc through a series of transactions, mainly at 45c a share.
The shares were bought from interests associated with Unwired's
former director and chairman, Mr Steve Cosser.
"As previously stated, the stake has been acquired for
investment purposes and should enable Engin, as a significant
shareholder, to play a prominent role in the development of wireless
broadband technologies across Australia," directors said.
Engin acquired the additional Unwired shares using debt funding
provided by a Seven Network Ltd (ASX:SEV) group company.