Brief: Eezy Purchases Majority Of Shares Of KK Valmennuskeskus Oy

Eezy Oyj

01/11/2021 07:34

Nov 1 (Reuters) - Eezy Plc  EEZY.HE :
    * REG-EEZY PLC IS EXPANDING ITS SERVICE OFFERING BY
PURCHASING THE
MAJORITY OF THE SHARES OF KK VALMENNUSKESKUS OY
    * TRANSACTION WAS COMPLETED TODAY, 1 NOVEMBER 2021.
    * KK VALMENNUSKESKUS OY TURNOVER IN LATEST ACCOUNTING PERIOD
WAS
ABOUT EUR 10 MILLION AND PROFIT ABOUT EUR 1 MILLION
    * EEZY PLC WILL PURCHASE AN 80% SHARE OF COMPANY, INTENDING
TO
LATER INCREASE ITS STAKE TO 100%
    * PURCHASE PRICE IS ABOUT EUR 5 MILLION
    * SHARE OF ABOUT EUR 1 MILLION OF PURCHASE PRICE WILL BE
PAID FOR
WITH NEW EEZY SHARES

Source text for Eikon:  ID:nGNE5xpsQn 
Further company coverage:  EEZY.HE 

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