Brief: Ezentis Enters Into Purchase And Sale Agreement To Buy 55% Of EDA

Grupo Ezentis SA

21/03/2025 12:12

March 21 (Reuters) - Grupo Ezentis SA EZEN.MC:

ENTERS INTO PURCHASE AND SALE AGREEMENT TO BUY 55% OF EDA INSTALACIONES Y ENERGIA (EDA) AS WELL AS SUBSCRIPTION OF FINANCING OPERATION

CONTRACT PRICE AMOUNTS TO ABOUT 8 MILLION EUROS, 50% PAID IN CASH AND 50% WITH DELIVERY OF EZENTIS SHARES

ACQUISITION PARTIALLY FINANCED BY ENTERING INTO A 5 MILLION EURO BRIDGE LOAN CONTRACT WITH INVEREADY CONVERTIBLE FINANCE II

WILL CARRY OUT ADDITIONAL ACQUISITIONS OF 5% OF SHARE CAPITAL OF EDA, ON AN ANNUAL BASIS, UNTIL 75% OF CAPITAL IS REACHED

EZENTIS SEES 2025 TURNOVER OVER 30 MILLION EUROS AND 2025 POSITIVE EBITDA

Source text: nCNMvlDPPF, nCNM99wjST

Further company coverage: EZEN.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))