Brief: Bimobject Invests In Prodikt, The Sustainability Platform

Bimobject AB

31/01/2022 15:32

Jan 31 (Reuters) - Bimobject AB  BIMOB.ST :
    * BIMOBJECT INVESTS IN PRODIKT, THE SUSTAINABILITY PLATFORM
    * HAS ENTERED INTO AN AGREEMENT TO ACQUIRE 51% OF SHARES IN
GREENSTONE HOLDING AB
    * AS PART OF TRANSACTION, BIMOBJECT WILL ALSO INVEST A
FURTHER
MSEK 20 TO FINANCE PRODIKT'S CONTINUED INTERNATIONAL GROWTH.
    * WILL ACQUIRE 51% OF SHARES IN GREENSTONE HOLDING AB FROM
FOUNDERS AND INVESTORS THROUGH PAYMENT WITH 927,062 BIMOBJECT
SHARES
    * BIMOBJECT EXPECTS TRANSACTION TO CLOSE IN MARCH 2022.
    * WILL INVEST MSEK 20 IN GREENSTONE HOLDING AB THROUGH A
DIRECTED
SHARE ISSUE
    * SELLERS MAY RECEIVE ADDITIONAL EARN-OUT CASH PAYMENTS,
HOWEVER
NOT EXCEEDING MSEK 14.6 IN AGGREGATE

Source text for Eikon:  ID:nMFN8F3Bj6 
Further company coverage:  BIMOB.ST 

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