Brief: The Dust Signs Merger Plan To Acquire Savicon
BRIEF-The Dust Signs Merger Plan To Acquire Savicon Sept 1 (Reuters) - The Dust SA THDP.WA:
SAID ON MONDAY THAT IT HAD SIGNED A MERGER PLAN TO ACQUIRE SAVICON
TO ISSUE 50 MILLION MERGER SHARES AT REFERENCE PRICE OF 0.60 ZLOTY PER SHARE TO SAVICON SHAREHOLDERS
SAVICON EXITED COMPUTER AND CONSOLE GAME SEGMENT AS PIVOT IS DEEMED MORE PROFITABLE
TARGETS EXPANSION IN AVIATION SERVICES AND DEFENSE SECTOR USING DUAL-USE AND DRONE TECHNOLOGIES
DOES NOT RULE OUT TRANSFERRING LISTING TO WARSAW STOCK EXCHANGE REGULATED MARKET IN MEDIUM TERM
TO VOTE ON CHANGING COMPANY'S NAME TO SAVICON S.A. AS PART OF THE MERGER
Source text: nEM2hPfmSa
Further company coverage: THDP.WA
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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