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BRIEF-Larq unit sells 3.85 pct stake in Nextbike Polska for 2.5 mln zlotys
December 20, 2016 / 4:23 PM / a year ago

BRIEF-Larq unit sells 3.85 pct stake in Nextbike Polska for 2.5 mln zlotys

Dec 20 (Reuters) - Larq SA :

* Its wholly-owned unit, Kinglet 7 Sp. z o.o., signs deal to sell 3.85 percent stake in Nextbike Polska SA for 2.5 million zlotys ($588,942.02) under PRE-IPO proceedings

* If until June 30, 2018 the IPO of Nextbike Polska does not go through, each investor has the right to resell the shares held by him in favor of Kinglet 7 at the indicated higher price per share Source text for Eikon: Further company coverage: ($1 = 4.2449 zlotys) (Gdynia Newsroom)

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