Brief: Ifa Systems Says Nexus Will Become Majority Shareholder

ifa systems AG

04/06/2019 10:15

June 4 (Reuters) - IFA SYSTEMS AG  IS8G.DE :
    * NEXUS ACQUIRES MAJORITY INTEREST IN IFA SYSTEMS FROM
TOPCON
    * SALE OF TOPCON'S PARTICIPATION IN IFA SYSTEMS IN AMOUNT OF
ABOUT
52.56% OF SHARE CAPITAL
    * PURCHASE CONTRACT SHOULD BE EXERCISED NO LATER THAN THE
05.06.2019
    * LOAN OF EUR 4 MILLION WILL BE TAKEN OVER BY NEXUS AT
AMOUNT OF
EUR 3 MILLION AND PAID BACK BY IFA SYSTEMS AT EUR 1 MILLION
    * SUPERVISORY BOARD MEMBERS NICK SMIT AND RANDY SAMUELS AND
BOARD
MEMBER NOBUO TAKASE WILL LEAVE OFFICE BY 05.06.2019 WITH
IMMEDIATE EFFECT
    * BOARD WILL IN SHORT TERM APPOINT NEW SUPERVISORY BOARD
MEMBERS

Source text for Eikon:  ID:nEQbT8QgDa 
Further company coverage:  IS8G.DE 

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