Brief: Maximum Entertainment Resolves On Two Directed Share Issues For Sellers Of Maximum Games, MG Team, Merge Games

Maximum Entertainment AB

30/04/2024 12:42

April 30 (Reuters) - Maximum Entertainment AB
 MAXENTb.ST :
    * RESOLVED ON TWO DIRECTED SHARE ISSUES AS EARN-OUT PAYMENTS
FOR
ACQUISITIONS OF MAXIMUM GAMES, MG TEAM AND MERGE GAMES
    * RESOLVED TO ISSUE 13,709,116 B SHARES, DIRECTED TO SELLERS
OF
MAXIMUM GAMES AND MG TEAM, CORRESPONDING TO A VALUE OF
APPROXIMATELY SEK 36.8 MILLION
    * HAS ALSO RESOLVED TO ISSUE 6,315,134 B SHARES, DIRECTED TO
SELLERS OF MERGE GAMES, CORRESPONDING TO A VALUE OF
APPROXIMATELY SEK 15,6 MILLION
    * TOTAL EARN-OUT AMOUNTS TO ABOUT SEK 113 MILLION, OF WHICH
ABOUT
SEK 52.4 MILLION IS PAID IN SHARES AND ABOUT SEK 60.6 MILLION IS
PAID IN CASH

Source text for Eikon:  ID:nMFN4P7P68 
Further company coverage:  MAXENTb.ST 

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