Brief: 4Fun Media Signs Investment Agreement

Digital Network SA

17/09/2018 08:38

Sept 17 (Reuters) - 4FUN MEDIA SA  4FMP.WA :
    * SAID ON FRIDAY IT SIGNED INVESTMENT AGREEMENT WITH MICHAL
TRACZ
AND WIKTOR TRACZ
    * THE AGREEMENT DEFINES RULES ON WHICH PARTIES WILL OPERATE
THROUGH CO'S UNIT, YRS VENTURES 2 SP. Z O.O. (TO BE NAMED PRINT
LOGISTIC SP. Z O.O.)
    * CO TO INVEST 0.9 MLN ZLOTYS IN THE SPECIAL PURPOSE
VEHICLE,
TOTAL AMOUNT OF INVESTMENT OF BOTH PARTIES OF AGREEMENT IS 1.1
MLN ZLOTYS
    * AFTER INVESTMENT IN SPV, CO TO OWN 59.94 PCT STAKE IN IT
    * SAID SIGNING THE INVESTMENT AGREEMENT IS PART OF CO'S
2018-2019
DEVELOPMENT STRATEGY IN E-COMMERCE AND DIGITAL SECTORS 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5zVyCNa
    
 Further company coverage:  4FMP.WA  
   


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