Brief: 24Sevenoffice Group AB Acquires The Rest Of The Global IPR Rights

Done.ai AB

03/05/2023 20:11

May 3 (Reuters) - 24SevenOffice Group AB  247.TE :
    * ACQUIRES THE REST OF THE GLOBAL IPR RIGHTS, FURTHER
ENHANCING
ITS INTERNATIONAL STRATEGY
    * REST OF WORLD IPR IS ACQUIRED FROM R-VENTURE AS BASED ON A
SYNTHETICAL OPTION PRICING MODEL CALCULATED TO APPROX 500,000
USD
    * TRANSACTION IS DONE ON ARM'S LENGTH TERMS WITH EXTERNAL
GUIDANCE
ON PRICING MECHANISM
    * BOARD HAS APPROVED TRANSACTION ACCORDING TO THIS BEING A
RELATED
PARTY TRANSACTION
    * ACQUIRED USING BLACK SCHOLES OPTION PRICING RANGING FROM A
SHARE
PRICE OF 17.5 SEK PER SHARE TO CAP OF 45 SEK PER SHARE

Source text for Eikon:  ID:nWkr3Wx2jp 
Further company coverage:  247.TE 

 ((Reuters.Briefs@thomsonreuters.com;))