Brief: KAP Beteiligungs Says Entering Into A Purchase Agreement On Acquisition Of Heiche-Group

Kap AG

22/05/2018 20:42

May 22 (Reuters) - KAP Beteiligungs AG  IURG.F :
    * DGAP-ADHOC: KAP BETEILIGUNGS-AG: ENTERING INTO A PURCHASE
AGREEMENT ON THE ACQUISITION OF THE HEICHE-GROUP AND CAPITAL
INCREASE THROUGH CONTRIBUTIONS IN KIND
    * KAP-SHARES WILL BE REISSUED AS PART OF A CAPITAL INCREASE
THROUGH CONTRIBUTIONS IN KIND FROM AUTHORIZED CAPITAL
    * HEICHE FAMILY AS SELLER WILL BECOME A SIGNIFICANT
SHAREHOLDER OF
KAP GROUP
    * KAP BETEILIGUNGS - PURCHASE PRICE FOR HEICHE-GROUP
COMPRISED OF
CASH COMPONENT, WHICH WAS LESS THAN 50% OF PURCHASE PRICE
    * KAP BETEILIGUNGS - PURCHASE PRICE FOR HEICHE-GROUP ALSO
COMPRISED OF A SHARE COMPONENT OF 8% OF TOTAL SHARES OF KAP
BETEILIGUNGS ISSUED AFTER TRANSACTION

Source text for Eikon:  ID:nEQ2qWmz9a 
Further company coverage:  IURG.F 

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