Brief: MapsPeople Capital Increase To Be Used As Consideration To Point Inside Inc

MapsPeople A/S

03/05/2023 21:01

May 3 (Reuters) - Mapspeople A/S  MAPSP.CO :
    * MAPSPEOPLE CAPITAL INCREASE TO BE USED AS CONSIDERATION TO
POINT
INSIDE, INC.
    * SAYS NEW SHARES ARE UNDER LOCK-UP 12 TO 18 MONTHS FROM
CLOSING,
BUT HAVE SAME RIGHTS AS EXISTING SHARES IN MAPSPEOPLE
    * NEW SHARES SHALL BE SUBSCRIBED BY POINT INSIDE, INC AT A
PRICE
OF DKK 6 PER SHARE
    * NEW SHARES ARE EXPECTED TO BE LISTED ON NASDAQ FIRST NORTH
GROWTH MARKET DENMARK ACCORDINGLY
    * DECIDED AN INCREASE OF SHARE CAPITAL OF MAPSPEOPLE BY DKK
62,804.04 NOMINAL VALUE, DIVIDED INTO SHARES OF DKK 0.02 EACH

Source text for Eikon:  ID:nWkr4sKRQV 
Further company coverage:  MAPSP.CO 

 ((Reuters.Briefs@thomsonreuters.com;))