Brief: Hexatronic Acquires British Training Provider Mpirical

Hexatronic AB

03/06/2021 06:43

June 3 (Reuters) - Hexatronic Group AB  HTRO.ST :
    * SAID ON WEDNESDAY WILL ESTABLISH 5G TRAINING THROUGH
ACQUISITION
OF MPIRICAL
    * HAS ACQUIRED 100% OF ISSUED SHARE CAPITAL OF MPIRICAL
LTD., A
UK-BASED TELECOMS TECHNOLOGY TRAINING PROVIDER
    * PURCHASE PRICE IS PAID PARTLY IN CASH AND PARTLY
THROUGH NEWLY ISSUED SHARES
    * ACQUISITION WILL FURTHER ENHANCE HEXATRONIC'S TRAINING
CAPABILITIES GLOBALLY, PARTICULARLY WITHIN 5G
    * ACQUISITION HAS NO SIGNIFICANT IMPACT ON HEXATRONIC'S
REVENUE OR
EARNINGS
    * BOARD HAS RESOLVED ON AN ISSUE IN KIND OF 98,615 ORDINARY
SHARES
IN HEXATRONIC AS PART OF THE PURCHASE PRICE
    * SUBSCRIPTION PRICE AMOUNTS TO SEK 145.66 PER SHARE


Source text for Eikon:  ID:nGNE6RSKRm 
Further company coverage:  HTRO.ST 

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