Brief: Odd Molly To Sell Odd Molly Sverige To We Are Spin Dye

Logistea AB

26/03/2021 07:09

March 26 (Reuters) - Odd Molly International AB  ODD.ST :
    * ENTERS AGREEMENT WITH WE ARE SPIN DYE REGARDING SALES OF
CO'S
UNIT ODD MOLLY SVERIGE AB
    * ODD MOLLY - AFTER ACQUISITION  WRSD WILL CHANGE NAME TO
NORDIC
FASHION TECH GROUP, STILL LISTED ON NGM
    * PAYMENT TO TAKE PLACE THROUGH ABOUT 7.8 MILLION NEW ISSUED
SHARES IN  WRSD, REPRESENTING VALUE OF ABOUT SEK 166 MILLION
    * INTENDS TO DISTRIBUTE THIS HOLDING TO EXISTING
SHAREHOLDERS NO
LATER THAN DURING THE THIRD QUARTER OF 2021
    * AFTER TRANSACTION WITH WRSD, ODD MOLLY TO OWN 53% OF
SHARES IN
NFTG

Source text for Eikon:  ID:nWkr61lVbs 
Further company coverage:  ODD.ST 

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