Brief: HUBSO Group To Buy Outstanding Minority Stake In Unit

Hubso AB (publ)

22/12/2020 07:44

Dec 22 (Reuters) - HUBSO Group AB  HUBSO.TE :  
    * SAID ON MONDAY ENTERED INTO AN AGREEMENT TO ACQUIRE AN
OUTSTANDING MINORITY STAKE, FOLLOWING A NEW SHARE ISSUE IN THE
SUBSIDIARY HUBSO AB
    * THE PURCHASE PRICE AMOUNTS TO ABOUT SEK 4.9 MLN (FOR ABOUT
7.8%
OF THE CAPITAL) 
    * THE PURCHASE PRICE IS PAID THROUGH NEWLY ISSUED SHARES IN
HUBSO
GROUP 
    * THE SELLERS ARE JOSEFINE ABRAHAMSSON, CEO OF HUBSO GROUP
AB AND
SONNY JOHANSSON AND PHILIP RASMUSSON, EXTERNAL INVESTORS
    * FOLLOWING THE COMPLETION OF THE TRANSACTION, HUBSO AB WILL
BE A
WHOLLY OWNED SUBSIDIARY OF HUBSO GROUP

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr6YLp5w
    
 Further company coverage:  HUBSO.TE  
   
    
    

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