Brief: Exceet Group Sells Exceet Secure Solutions GmbH

H2APEX SCA

29/04/2021 10:47

April 29 (Reuters) - EXCEET GROUP SCA  EXCL.DE :
    * SALE OF EXCEET SECURE SOLUTIONS GMBH
    * CLOSING OF TRANSACTION IS SCHEDULED FOR 30 APRIL 2021.
    * ONCE TRANSACTION IS COMPLETED, EXCEET GROUP'S NET CASH
POSITION
AFTER TRANSACTION COSTS WILL INCREASE APPROX. BY EUR 4.7 MILLION
TO APPROX. EUR 20 MILLION.
    * PURCHASE PRICE WAS OFFSET WITH RECEIVABLES OF EXCEET GROUP
AG
WITHOUT EFFECTING LIQUIDITY OF ESS

Source text for Eikon:  ID:nEQ5MBlpva 
Further company coverage:  EXCL.DE 

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