Brief: Heiq Plc Buys Life Material Technologies

Heiq

15/06/2021 13:07

June 15 (Reuters) - Heiq PLC  HEIQ.L :
    * ACQUISITION LIFE MATERIAL TECHNOLOGIES LIMITED
    * HAS STRENGTHENED ITS ANTIMICROBIAL TECHNOLOGIES PLATFORM
THROUGH
ACQUISITION OF 100% OF SHARE CAPITAL AND VOTING RIGHTS OF LIFE
MATERIAL TECHNOLOGIES LIMITED
    * ACQUISITION IS FOR AN UPFRONT CONSIDERATION OF US$6.45
MILLION,
WITH US$2.55 MILLION PAYABLE IN CASH AND US$3.9 MILLION TO BE
SATISFIED THROUGH ISSUE OF NEW ORDINARY SHARES BY HEIQ

Source text for Eikon:  ID:nRSO8670Ba 
Further company coverage:  HEIQ.L 

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