Sept 8 (Reuters) - mPAY SA MPAY.WA:
SAID ON SUNDAY IT HAS SIGNED AGREEMENTS TO TAKE OVER A 1.2 MILLION ZLOTY DEBT OWED BY GRUPA LEW TO RICH DAD AND PARTNERS
COMPANY AGREES WITH RICH DAD AND PARTNERS TO REPAY AN ASSUMED DEBT AND A 150,000 ZLOTY LOAN VIA THE SUBSCRIPTION OF 4.5 MILLION NEW MPAY SHARES FOR 1.35 MILLION ZLOTYS, WITH THE SUBSCRIPTION DEAL TO BE SIGNED BY SEPT. 22
IT ALSO SIGNED A SUBSCRIPTION AGREEMENT WITH RICH DAD AND PARTNERS FOR 4.5 MILLION NEW SERIES U SHARES
THE TOTAL ISSUE PRICE OF 1.35 MILLION ZLOTYS WILL BE PAID VIA A SET-OFF TO COVER THE TAKEN-OVER DEBT AND A PREVIOUS LOAN
Source text for Workspace: nEM4y0qYKa
Further company coverage: [mPAY.WA]
(Gdansk Newsroom)
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