Brief: WSE Closes Purchase Of 65.03% Stake In Armenia Securities Exchange

Gielda Papierow Wartosciowych w Warszawie SA

28/12/2022 06:34

Dec 28 (Reuters) - Warsaw Stock Exchange  GPW.WA :
    * SAID ON TUESDAY IT HAS FULFILLED ALL FORMAL CONDITIONS
REGARDING
ACQUISITION OF 65.03% OF SHARES IN ARMENIA SECURITIES EXCHANGE
(AMX)
    * SAID FORMAL CONDITION INCLUDES APPROVAL OF CENTRAL BANK OF
ARMENIA
    * TOTAL PRICE OF AMX SHARES ACQUIRED IS 873.7 MILLION
ARMENIAN
DRAM (ABOUT 9.6 MILLION ZLOTYS)
    * SECOND TRANCHE OF 375,0 MILLION ARMENIAN DRAM WILL BE PAID
AFTER
COMPLETION OF ALL PROCEEDINGS TO WHICH AMX IS A PARTY AS SET OUT
IN SHARE PURCHASE AGREEMENT

        
 Source text: bit.ly/3FZQxCJ
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