Reuters logo
BRIEF-Exeotech Invest buys Mormor Magdas assets and liabilities
April 18, 2017 / 8:33 AM / in 6 months

BRIEF-Exeotech Invest buys Mormor Magdas assets and liabilities

April 18 (Reuters) - Exeotech Invest AB:

* PRIVATE PLACEMENT OF 63.7 MILLION SHARES BRINGING PROCEEDS OF ABOUT SEK 1.7 MILLION

* ENTERED INTO AGREEMENT TO BUY ASSETS AND LIABILITIES OF MORMOR MAGDAS DÄRPRODUCERADE MAT OCH GLASS AB FOR ABOUT SEK 1.35 MILLION

* SUBSCRIPTION PRICE FOR NEW SHARES IS SEK 0.026, REPRESENTING A 10 PERCENT DISCOUNT TO 10-DAYS VOLUME WEIGHTED PRICE

* SEK 0.9 MILLION IS PAID CASH AND REMAINING ABOUT SEK 0.35 MILLION WILL BE AMORTIZED OVER 5 YEARS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below