Brief: Humble Enters Into Conditional Share Purchase Agreements With Privab Co's

Humble AB

16/01/2023 10:30

Jan 16 (Reuters) - Humble Group AB  HUMBLE.ST :
    * HUMBLE HAS ENTERED INTO CONDITIONAL SHARE PURCHASE
AGREEMENTS
WITH THE OWNERS OF PRIVAB YSTAD, TROLLHÄTTAN AND THE MARKETING
COMPANY
    * COMPANIES' CONSOLIDATED SALES AND EBITDA FOR 2022 ARE
ESTIMATED
TO AMOUNT TO ABOUT SEK 498 MILLION AND SEK 28 MILLION,
RESPECTIVELY
    * TRANSACTIONS WILL BE FINANCED PARTLY WITH CASH AND PARTLY
WITH
NEWLY ISSUED SHARES IN HUMBLE
    * TRANSACTIONS WILL NOT HAVE A SIGNIFICANT IMPACT ON
HUMBLE'S
FINANCIAL POSITION AND NET DEBT RELATIVE TO EBITDA WILL DECREASE
AFTER COMPLETION OF TRANSACTIONS

Source text for Eikon:  ID:nWkr8TrwTV 
Further company coverage:  HUMBLE.ST 
 (Gdansk Newsroom)
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