Brief: Altus TFI Agrees Merger Plan With Esaliens

Altus SA

01/08/2018 07:09

Aug 1 (Reuters) - ALTUS TOWARZYSTWO FUNDUSZY INWESTYCYJNYCH
SA  ALI.WA :
    * SAID ON TUESDAY THAT ALTUS TFI AND ESALIENS TFI HAVE
SIGNED A
MERGER PLAN UNDER WHICH ALL ASSETS OF ESALIENS TFI WILL BE
ACQUIRED BY THE COMPANY
    * THE EXCHANGE PARITY HAS BEEN SET AT 895 ALTUS TFI SHARES
FOR
EVERY SHARE OF ESALIENS TFI
    * AS A RESULT OF THE MERGER, THE SHARE CAPITAL OF ALTUS TFI
WILL
BE INCREASED TO 5.8 MLN ZLOTYS BY 1.2 MILLION ZLOTYS  VIA AN
ISSUE NEW SHARES WHICH WILL BE HANDED OVER TO ESALIENS TFI
SHAREHOLDERS
    * THE COMPANY TO ISSUE 7.7 MLN OF SERIES I SHARES AND 3.8
MLN OF
SERIES J SHARES, BOTH OF NOMINAL VALUE OF 0.1 ZLOTY PER SHARE
    * TFI SIGNED AN AGREEMENT WITH ESALIENS TFI TO WORK ON THE
TERMS
OF THE  MERGER IN JUNE  urn:newsml:reuters.com:*:nFWN1T90ZB

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMblTq3ta
    
 Further company coverage:  ALI.WA  
   


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