Brief: Elecster Sells Unit In Estonia

Elecster Oyj

30/12/2021 12:46

Dec 30 (Reuters) - Elecster Oyj  ELEAV.HE :
    * SELLS UNIT IN ESTONIA
    * AGREED TO SELL ITS 51% STAKE IN A/S EESTI ELECSTER TO
LUCKY
HAMMERHEAD OÜ
    * 100% OWNED UNIT ELECSTER BALTIC OÜ TO SELL ITS 51% STAKE
IN A/S
EESTI ELECSTER
    * TRANSACTION PRICE OF ENTIRE SHARE CAPITAL IS ABOUT EUR 8.3
MILLION, OF WHICH ELECSTER GROUP'S SHARE CORRESPONDS TO ITS
HOLDING
    * TRANSACTION WILL HAVE A CLEAR POSITIVE EFFECT ON GROUP'S
RESULT
FOR FINANCIAL YEAR 2021

Source text for Eikon:  ID:nGNE1dwtY7 
Further company coverage:  ELEAV.HE 

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