Brief: Lloyd Fonds To Enter Into Contribution Agreement To Buy Lange Assets & Consulting GmbH

Laiqon AG

04/12/2018 11:22

Dec 4 (Reuters) - Lloyd Fonds AG  L1OGk.DE :
    * DGAP-ADHOC: LLOYD FONDS AG RESOLVES TO ENTER INTO A CONTRIBUTION AGREEMENT AND ON CAPITAL
INCREASE IN KIND TO ACQUIRE LANGE ASSETS & CONSULTING GMBH
    * AGREEMENT REGARDING TRANSFER OF 90 PERCENT OF SHARES IN TARGET COMPANY TO COMPANY
    * TRANSFER IN FORM OF COMBINED CASH/IN KIND CAPITAL CONTRIBUTION AGAINST ISSUE OF NEW SHARES
IN
COMPANY
    * AGREEMENT INCLUDES ALSO PAYMENT OF AN ADDITIONAL CASH COMPONENT
    * EXPECTS TOTAL CONSIDERATION TO REACH UPPER SINGLE-DIGIT MILLION-EURO RANGE
    * CONTRIBUTION AGREEMENT PROVIDES FOR A MINIMUM LIMIT IN TOTAL OF EUR 4.5 MILLION
    * CLOSING OF CONTRIBUTION AGREEMENT WILL NOT OCCUR PRIOR TO MARCH 31, 2019
    * SHARE CAPITAL BE INCREASED FROM EUR 10.1 MILLION TO EUR 10.3 MILLION THROUGH ISSUANCE OF
193,608
NEW SHARES
    * TOTAL ISSUE AMOUNT OF NEW SHARES AMOUNTS TO EUR 1,000,004.6808. THIS EQUALS TO EUR 5.1651
PER
SHARE

Source text for Eikon:  ID:nEQ3kt3Bka 
Further company coverage:  L1OGk.DE 

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