Brief: Hiddn enters into LOI with Tactilis to create a global biometric smartcard company

Arribatec ASA

12/12/2018 19:54

Dec 12 (Reuters) - Hiddn Solutions ASA  HIDDNS.OL :
    * HIDDN: ENTERS INTO LOI WITH TACTILIS TO CREATE A LEADING
GLOBAL
BIOMETRIC SMARTCARD COMPANY
    * HIDDN SOLUTIONS- BUSINESS COMBINATION TAKE PLACE AS
ACQUISITION
OF ALL TACTILIS SHARES FOR TOTAL CONSIDERATION 649 MILLION NEW
SHARES IN HIDDN TO SELLERS
    * HIDDN SOLUTIONS - FOLLOWING A POTENTIAL DEAL,TACTILIS
SHAREHOLDERS TO HOLD 86.25 % OF HIDDN

Source text for Eikon:  ID:nWkrbJm2dn 
Further company coverage:  HIDDNS.OL 

 ((Reuters.Briefs@thomsonreuters.com;))