Brief: Albert Acquires Ampd With Jaramba App

eEducation Albert AB

30/12/2021 12:31

Dec 30 (Reuters) - Albert Inc  3906.T :
    * ALBERT ACQUIRES AMPD AB WITH THE JARAMBA APP FOR SEK 10
MILLION,
THEREBY SUPPLEMENTING THE OFFER WITH NEW CONTENT FOR THE
YOUNGEST AGE CATEGORY
    * PURCHASE PRICE AMOUNTS TO SEK 10 MILLION, OF WHICH SEK 5
MILLION
IS FINANCED THROUGH A DIRECTED NEW SHARE ISSUE TO SELLERS WITH A
SUBSCRIPTION PRICE OF SEK 50 PER SHARE
    * JARAMBA IS ESTIMATED TO HAVE ANNUAL RECURRING REVENUES
(ARR) OF
SEK 5-10 MILLION AND A POSITIVE EFFECT ON ALBERT'S EBITA IN
2022.

Source text for Eikon:  ID:nMFN8wm8Tx 
Further company coverage:  3906.T 

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