Brief: Aqua Bio Technology Says Enters Into Final Agreement For Acquisition Of Skinteam

Aqua Bio Technology ASA

03/08/2023 21:04

Aug 3 (Reuters) - Aqua Bio Technology Asa  ABTEC.OL :
    * ENTERS INTO FINAL AGREEMENT FOR ACQUISITION OF SKINTEAM -
NOTICE
OF EXTRAORDINARY GENERAL MEETING
    * ABT AND SELLERS HAVE TODAY ENTERED INTO A FINAL SHARE
PURCHASE
AGREEMENT
    * BOARD FURTHER CONSIDERS THAT WARRANTS SHOULD BE GRANTED TO
CERTAIN EMPLOYEES OF ABT AS INCENTIVES
    * AQUA BIO TECHNOLOGY : ABT AND SELLERS  AGREED TO CONTINUE
WARRANTS PREVIOUSLY ISSUED IN SKINTEAM TO KEY PERSONNEL, CERTAIN
KEY SUPPLIERS TO SKINTEAM
    * AQUA BIO - PROPOSING THAT EGM RESOLVES TO ISSUE 1.2
MILLION
WARRANTS (TO EMPLOYEES OF ABT) AT SUBSCRIPTION PRICE NOK 5
    * ABT - PROPOSING 356,688 WARRANTS (TO KEY PERSONNEL AND KEY
SUPPLIERS TO SKINTEAM) AT PRICE OF NOK 5.30 AS FURTHER SET OUT
IN CALLING NOTICE FOR EGM

Source text for Eikon:  ID:nObiP8Mxba 
Further company coverage:  ABTEC.OL 

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