Properties For Reverse Acquisition

36 AB

20/12/2024 07:23

Dec 20 (Reuters) - Tangiamo Touch Technology AB (publ)
 TANGI.ST :
    * SAID ON THURSDAY IT HAD ENTERED INTO LETTER OF INTENTION
WITH
CO-PROPERTIES AB REGARDING REVERSE ACQUISITION
    * TANGIAMO TO ACQUIRE ALL 56,664 SHARES IN CO-PROPERTIES
NORDIC
HOLDING AGAINST PAYMENT IN FORM OF NEWLY ISSUED SHARES IN
TANGIAMO
    * FOLLOWING TRANSACTION, EXISTING TANGIAMO SHAREHOLDERS ARE
EXPECTED TO OWN BETWEEN 10-18% AND CO-PROPERTIES BETWEEN 82-90%
OF TOTAL NUMBER OF SHARES IN TANGIAMO
    * IN CONNECTION WITH TRANSACTION, TANGIAMO TOUCH TECHNOLOGY
AB
WILL CHANGE ITS NAME TO CO-PROPERTIES NORDIC HOLDING AB
    * REVERSE ACQUISITION DOES NOT AFFECT TANGIAMO'S LISTING
CHANGE

        
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