Brief: Digitalist Group Signs LoI To Acquire Share Majority In Open Communications International

Digitalist Oyj

10/05/2023 07:32

May 10 (Reuters) - Digitalist Group Oyj  DIGIGR.HE :
    * INSIDE INFORMATION: DIGITALIST GROUP HAS SIGNED A LETTER
OF
INTENT TO ACQUIRE THE SHARE MAJORITY IN OPEN COMMUNICATIONS
INTERNATIONAL AB
    * SELLER IS DAVID GRAY COMMUNICATIONS, WHO WOULD STAY ON AS
ONE OF
MINORITY SHAREHOLDERS AFTER TRANSACTION.
    * WOULD ACQUIRE 70 PERCENT OF SHARES IN OC FOR A TOTAL
CONSIDERATION OF 5.5 MSEK
    * ISSUING A MAXIMUM OF 12 M NEW DIGITALIST GROUP SHARES TO
BE
DIRECTED TO DGC,

Source text for Eikon:  ID:nGNEbb3f8D 
Further company coverage:  DIGIGR.HE 

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