Brief: Cint Acquires GapFish

Cint AB (publ)

01/06/2021 15:47

June 1 (Reuters) - Cint Group AB (publ)  CINT.ST :
    * CINT ACQUIRES GAPFISH, OFFERING ACCESS TO PREMIUM QUALITY
AUDIENCES IN THE DACH REGION
    * ACQUISITION WAS MADE AT AN ENTERPRISE VALUE OF EUR 28.0M
ON A
CASH AND DEBT FREE BASIS (FOR 100 PER CENT OF SHARES)
    * CONSIDERATION PAID ON CLOSING IS SPLIT INTO EUR 20.4M IN
CASH
AND EUR 5.1M IN NEWLY ISSUED CINT SHARES.
    * BOARD HAS RESOLVED UPON ISSUANCE OF 587,254 CINT SHARES TO
SELLERS AS A PART OF PURCHASE PRICE FOR SHARES IN GAPFISH
    * SUBSCRIPTION PRICE PER CINT SHARE WAS SET AT SEK 87.72

Source text for Eikon:  ID:nWkr7TQpMq 
Further company coverage:  CINT.ST 

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