Brief: iZafe Resolves On Set-Off Issue For Thuisapparatuur Nederland Acquisition
BRIEF-iZafe Resolves On Set-Off Issue For Thuisapparatuur Nederland Acquisition Aug 3 (Reuters) - iZafe Group AB IZAFEb.ST:
SAID ON FRIDAY RESOLVES ON DIRECTED SET-OFF ISSUE OF 10,386,409 B SHARES AS PARTIAL PAYMENT FOR ACQUISITION OF THUISAPPARATUUR NEDERLAND (TAN)
SUBSCRIPTION PRICE SET AT SEK 0.33 PER B SHARE, REPRESENTING DISCOUNT OF ABOUT 10.4%
SELLER OF TAN SUBSCRIBES FOR SHARES BY SET-OFF AGAINST CLAIMS OF ABOUT EUR 310,000
SAYS EUR 1.24 MILLION REMAINS TO BE PAID FOR ACQUISITION IN SIX INSTALMENTS BETWEEN JAN 31, 2027 AND JULY 31, 2029
ISSUE ENTAILS DILUTION EFFECT OF ABOUT 2.36% AND INCREASES SHARE CAPITAL BY SEK 519,320.45
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Further company coverage: [IZAFEb.ST]
(Gdansk Newsroom)
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