Brief: Sievi Capital Increases Its Holding In KH-Koneet Group

KH Oyj

01/11/2021 06:21

Nov 1 (Reuters) - Sievi Capital Oyj  SIEVI.HE :
    * REG-SIEVI CAPITAL INCREASES ITS HOLDING IN KH-KONEET GROUP
    * PRICE PAID FOR SHARES IS APPROXIMATELY EUR 8.5 MILLION
    * PRICE WAS PAID IN FULL IN CASH
    * FOLLOWING TRANSACTION, SIEVI CAPITAL'S HOLDING IN
KH-KONEET
GROUP INCREASES FROM APPROXIMATELY 66.4% TO APPROXIMATELY 90.5%
    * SIEVI CAPITAL FUNDED TRANSACTIONS USING ITS CASH AND CASH
EQUIVALENTS.
    * SELLERS WERE FOUR MINORITY SHAREHOLDERS OF KH-KONEET GROUP

Source text for Eikon:  ID:nGNE77vYwG 
Further company coverage:  SIEVI.HE 

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