Brief: LightAir To Acquire Remaining 49% Of JV LightAir CellFlow East

LightAir AB (publ)

13/12/2019 10:11

Dec 13 (Reuters) - LightAir AB (publ)  LAIR.NGM :
    * SAID ON THURSDAY PROPOSES TO ACQUIRE REMAINING 49% OF
JOINT
VENTURE COMPANY LIGHTAIR CELLFLOW EAST AB
    * TO ACQUIRE REMAINING STAKE IN LIGHTAIR CELLFLOW EAST AB
THROUGH
NON-CASH ISSUE OF 5.4 MLN SHARES IN LIGHTAIR CORRESPONDING TO
23.4% OF SHARE CAPITAL BEFORE THE ISSUE
    * SIGNS TRANSFER OF SHARES AGREEMENT WITH EURUS
INTERNATIONAL AB
    * TO ALSO ACQUIRE EXTENDED LICENSES AND RIGHTS REGARDING
TERRITORIES, EXCLUSIVITY AND PRODUCT CATEGORIES
    * PURCHASE PRICE AMOUNTS TO SEK 2 MLN

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr9q43nj
    
 Further company coverage:  LAIR.NGM  
   


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