Brief: Work Service Agrees Key Terms Of Selling Controlling Stake In Prohuman

Gi Poland SA

08/05/2019 09:34

May 8 (Reuters) - Work Service SA  WSEP.WA :
    * AGREES ON KEY TERMS OF TRANSACTION CONCERNING SALE OF
SHARES IN
PROHUMAN BY CONCLUDING RELEVANT TERM SHEET
    * CO SIGNS SAID TERM SHEET WITH HUMAN INVESTORS KFT., 
PROFÓLIÓ
PROJEKT TANÁCSADÓ KFT. AND  PROHUMÁN 2004 KFT.
    * TRANSACTION ON CONDITIONS AGREED IN TERM SHEET  WILL
GENERATE
CO'S STANDALONE GROSS PROFIT OF APPROXIMATELY PLN 49 MILLION
    * FUNDS OBTAINED FROM SALE OF CONTROLLING INTEREST TO BE
USED FOR 
REPAYMENT OF LOAN GRANTED TO CO OF APPROXIMATELY 110 MILLION
ZLOTYS

Source text for Eikon:  ID:nEM5qyy7Ka 
Further company coverage:  WSEP.WA 

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