March 16, 2017 / 1:29 PM / 4 months ago

BRIEF-EBC Solicitors signs investment agreement with KSI.pl to set new unit

1 Min Read

March 16 (Reuters) - EBC Solicitors SA:

* Signs investment agreement with KSI.pl sp. z o.o. (KSI.pl) and two persons to set terms and conditions of developing new company creating computer games

* The company to invest 0.4 million zlotys ($99,594.15) in exchange for a 40 percent stake in new unit

* KSI.pl to bring organized part of a company to new unit

* The company plans to offer all shares in new unit to Pixel Venture Capital SA (Pixel Venture Capital)

* The company to deduct the amount obtained from sale of new unit's shares with the issue price of series D shares of Pixel Venture Capital

* The company informed about acquisition of Pixel Venture Capital shares on Jan. 17 Source text for Eikon: Further company coverage: ($1 = 4.0177 zlotys) ($1 = 4.0163 zlotys) (Gdynia Newsroom)

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