Brief: Cellularline To Own 90% Of Worldconnect After Put Option Exercise

Cellularline SpA

03/06/2024 06:16

June 3 (Reuters) - Cellularline SpA  CELL.MI :
    * SAID ON FRIDAY MINORITY SHAREHOLDERS OF WORLDCONNECT
EXERCISED
PUT OPTION TO SELL 10% OF SHARE CAPITAL TO CELLULARLINE
    * CONSIDERATION IS CHF 621,628 IN CASH, CELLULARLINE
TREASURY
SHARES EQUAL TO 1.55% OF SHARE CAPITAL
    * CELLULARLINE TO OWN 90% OF WORLDCONNECT

 Further company coverage:  CELL.MI  

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