Brief: Isoteam To Dispose 39,475 Series C Convertible Preference Shares & 5,611 Ordinary Shares In Sunseap

Isoteam

05/11/2021 01:57

Nov 5 (Reuters) - ISOteam Ltd  ISOT.SI :
    * TO DISPOSE CO'S ENTIRE EQUITY INTEREST OF 39,475 SERIES C
CONVERTIBLE PREFERENCE SHARES AND 5,611 ORDINARY SHARES IN
CAPITAL OF SUNSEAP
    * CONSIDERATION FOR PROPOSED DISPOSAL IS S$270 PER SALE
SHARE,
AMOUNTING TO S$12.2 MILLION IN AGGREGATE
    * PROPOSED DISPOSAL DEAL WITH EDP RENOVÁVEIS, S.A.  TO
RESULT IN
OF ABOUT S$4.2 MILLION

Source text for Eikon:  ID:nSNb8HBs 
Further company coverage:  ISOT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))