Brief: R22 Agrees Terms Of Buying Stake In H88

Cyber_Folks SA

13/03/2019 15:57

March 13 (Reuters) - R22 SA  R22.WA :
    * SAYS AGREES TERMS OF BUYING REMAINING 28.48% STAKE IN H88
SA
FROM TCEE FUND III S.C.A. WITH TCEE FUND III S.C.A. SICAR
    * SAYS TO BUY SHARES IN H88 IN TWO TRANCHES, UNDER FIRST ONE
TO
BUY 30,647 SHARES FOR 6.8 MILLION EUROS BY JUNE 30
    * SAYS IT HAS AN OPTION TO BUY 30,646 SHARES IN H88 FOR 6.8
MILLION EUROS BY FEB. 10, 2020
    * SAYS CURRENTLY IT OWNS 71.52% STAKE IN H88

Source text for Eikon:  ID:nEM7lczgWa 
Further company coverage:  R22.WA 

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