Aug 26 (Reuters) - Zetkama SA ZKA.WA :
* Its unit, Masterform Grupa Zetkama Sp. z o.o. buys
11,040,938 shares of Masterform SA for 19.9 million zlotys ($5.4
million) from BR Capital Sp. z o.o.
* The unit also acquires 5,865,310 shares of Masterform from
minority shareholders for 10.6 million zlotys
* Following the transactions, Masterform Grupa Zetkama holds
78.38 percent of Masterform SA
* Masterform Grupa Zetkama is a special purpose vehicle set
up to undertake the acquisition
* Under the investment agreement parties intend that
Masterform Grupa Zetkama sp. z o.o. will hold 80 percent stake
in Masterform SA and BR Capital sp. z o.o. will hold 20 percent
stake and subsequently merge Masterform Grupa Zetkama sp. z o.o.
and Masterform SA
* The acquisition was financed by Masterform Grupa Zetkama
from the company's funds (15.8 mln zlotys) and a 3.8 million
euro ($4.4 million) loan received from ING Bank Slaski SA
Source text for Eikon: ID:nEM2698829 , ID:nEM2698831
and ID:nEM2698833
Further company coverage: ZKA.WA
($1 = 3.7002 zlotys)
($1 = 0.8726 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))