Brief: Digitalist Agrees On Loan With Turret

Digitalist Oyj

24/03/2022 10:09

March 24 (Reuters) - Digitalist Group Oyj  DIGIGR.HE :
    * DIGITALIST GROUP STRUCTURES ITS FINANCING, ARRANGEMENT
REGARDING
YANGI AB
    * HAS AGREED WITH TURRET OY AB ON A LOAN AMOUNTING TO EUR
500,000.
    * LOAN WAS GRANTED ON MARKET TERMS, AND IT WILL FALL DUE ON
30
APRIL 2023
    * BASED ON AN OPTION PREVIOUSLY GRANTED TO IT, DIGITALIST
GROUP'S
SWEDISH SUBSIDIARY GROW AB SUBSCRIBES FOR A TOTAL OF 11,111
SHARES IN SWEDISH YANGI AB FOR A TOTAL SUBSCRIPTION PRICE OF SEK
5,000,000
    * TO INCREASE FINANCIAL FLEXIBILITY, GROW AB THEN SELLS A
TOTAL OF
7,778 YANGI AB'S SHARES TO TURRET OY AB FOR A TOTAL PURCHASE
PRICE OF SEK 6,300,000.
    * DIGITALIST GROUP ESTIMATES THAT ARRANGEMENT WILL NOT
AFFECT ITS
EARLIER GUIDANCE FOR YEAR 2022

Source text for Eikon:  ID:nGNE6J59Y8 
Further company coverage:  DIGIGR.HE 

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