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EXEC — Execus SpA News Story

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Brief: Execus Signs Deal To Buy 51% Of Alea Digital And Life Celebrating, Valued At €2.27 Mln

BRIEF-Execus Signs Deal To Buy 51% Of Alea Digital And Life Celebrating, Valued At €2.27 Mln

- Execus SpA EXEC.MI:

  • SAID ON THURSDAY IT HAD SIGNED AND CLOSED DEAL TO BUY 51% OF ALEA DIGITAL AND LIFE CELEBRATING

  • APPROVED CAPITAL INCREASES, 912,767 NEW EXECUS SHARES ISSUED AT PRICE OF €1.33

  • OVERALL DEAL VALUED AT AROUND €2.27 MLN, OF WHICH €1.21 MLN IN NEWLY ISSUED EXECUS SHARES AND €1.06 MLN IN CASH

  • PUT AND CALL OPTIONS AVAILABLE FOR 49% OF BOTH COMPANIES, EXERCISABLE AT APPROVAL OF 2029 FINANCIAL STATEMENTS



Further company coverage: EXEC.MI


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