Brief: Global Graphics To Acquire Hybrid Software Group

Hybrid Software

10/12/2020 07:28

Dec 10 (Reuters) - Global Graphics PLC  GLOG.BR :
    * REG-GLOBAL GRAPHICS PLC:PROPOSED ACQUISITION OF HYBRID
SOFTWARE
GROUP
    * ENTERED INTO A BINDING CONDITIONAL AGREEMENT WITH CONGRA
SOFTWARE S.À R.L. ("CONGRA") FOR PROPOSED ACQUISITION OF ENTIRE
ISSUED SHARE CAPITAL OF HYBRID SOFTWARE GROUP S.À R.L. ("HYBRID
SOFTWARE") FROM CONGRA
    * CONSIDERATION FOR ACQUISITION IS EUR 80 MILLION WHICH WILL
BE
SATISFIED IN FULL BY ISSUING 21,074,030 GLOBAL GRAPHICS SHARES
TO CONGRA ( "CONSIDERATION SHARES")
    * PRICE PER CONSIDERATION SHARE OF EUR 3.80

Source text for Eikon:  ID:nGNE6c2yLH 
Further company coverage:  GLOG.BR 

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