Brief: PlayWay Signs Letter Of Intent To Buy Stake In Platynowe Inwestycje

Manydev Studio SE

05/01/2021 06:54

Jan 5 (Reuters) - PlayWay SA  PLWP.WA :
    * SAID ON MONDAY IT HAS SIGNED A LETTER OF INTENT ON
SUBSCRIBING H
SERIES SHARES AND BUYING EXISTING F AND G SERIES SHARES IN
PLATYNOWE INWESTYCJE FROM PATRO INVEST
    * LETTER OF INTENT WAS SIGNED BY COMPANY, UNITS DIGITAL
MELODY
GAMES AND GAMES INCUBATOR WITH PLATYNOWE INWESTYCJE AND PATRO
INVEST
    * PARTIES WILL WORK TOWARDS ACQUISITION OF 32.8% STAKE IN
PLATYNOWE INWESTYCJE BY COMPANY AND UNITS AND 40% STAKE BY
INVESTORS CHOSEN BY COMPANY
    * THE COMPANY INTENDS TO OWN 72.8% STAKE IN PLATYNOWE
INWESTYCJE
TOGETHER WITH ITS UNITS AND INVESTORS OF ITS CHOOSING 
    * PARTIES WILL WORK TOWARDS CLOSING DEAL BY JAN. 31

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5vpp2Za
    
 Further company coverage:  PLWP.WA  
   


 (Gdansk Newsroom)
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