Brief: Acast Completes Acquisition of Podchaser

Acast AB (publ)

02/08/2022 07:21

Aug 2 (Reuters) - Acast AB (publ)  ACAST.ST :
    * SAID ON MONDAY HAS COMPLETED ACQUISITION OF PODCHASER
    * IN CONNECTION WITH CLOSING, ACAST HAS RESOLVED TO CARRY
OUT AN
ISSUE OF SHARES IN ACAST TO BE PAID AS CONSIDERATION
    * NUMBER OF NEWLY ISSUED SHARES AMOUNTS TO 2,336,980
    * IN ACCORDANCE WITH MERGER AGREEMENT, SUBSCRIPTION PRICE
PER
SHARE WAS DETERMINED TO BE SEK 15.75
    * NUMBER OF NEWLY ISSUED SHARES, INCLUDING SHARES THAT WILL
BE
ISSUED IF ALL OF THE WARRANTS ARE EXERCISED, AMOUNTS TO
3,607,973
    * THIS CORRESPONDS, CALCULATED AFTER THE ISSUE, TO A
DILUTION OF
ABOUT 2% OF THE SHARE CAPITAL AND VOTING RIGHTS IN ACAST

        
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