Brief: Work Service Gets Banks Consent To Sell Exact Systems Shares

Gi Poland SA

30/10/2018 14:41

Oct 30 (Reuters) - WORK SERVICE SA  WSEP.WA :
    * SAYS LAST CONDITION PRECEDENT DESCRIBED IN PRELIM.
AGREEMENT TO
SELL SHARES IN EXACT SYSTEMS FULFILLED
    * CO INFORMED ABOUT SIGNING CONDITIONAL DEAL (PSPA) TO SELL
ITS
EXACT SYSTEMS SHARES TO REMANGO INVESTMENTS SP. Z O.O. (SPV)
EARLIER IN OCT.  urn:newsml:reuters.com:*:nFWN1WK0OA
    * SAYS THE CONDITION PRECEDENT FULFILLED TODAY RELATED TO
OBTAINING BY CO AND SPV STATEMENT OF BANKS FINANCING CO ON
GRANTING CONSENT FOR THE TRANSACTION
    * ALSO SAYS THE PARTIES ARE NOW WAITING FOR FULFILLMENT OF
REMAINING CONDITIONS PRECEDENT DESCRIBED IN PSPA
    * THE PARTIES’ INTENTION IS TO COMPLETE THE TRANSACTION AND
CONCLUDE THE DEFINITIVE SHARE PURCHASE AGREEMENT BY 31 OCTOBER
2018

Source text for Eikon:  ID:nEM9vYqRpa 
Further company coverage:  WSEP.WA 

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