Brief: MBH Buys UK Refurbishment Specialist Gaysha

MBH

18/10/2019 06:11

Oct 18 (Reuters) - MBH CORPORATION PLC  M8H.DE :
    * EXPANDS ITS CONSTRUCTION SERVICES PORTFOLIO WITH
ACQUISITION OF
UK REFURBISHMENT SPECIALIST GAYSHA LTD
    * HAS ACQUIRED 100% OF GAYSHA LTD FOLLOWING SUCCESSFUL
EXECUTION
OF LEGAL CONTRACTS
    * EXPECTS THAT TOTAL NUMBER OF MBH SHARES ISSUED AFTER
COMPLETION
OF THIS ACQUISITION WILL BE BETWEEN RANGE OF 60 MILLION AND 65
MILLION SHARES
    * WILL CREATE 1.9 MILLION SHARES TO ACQUIRE 100% OF GAYSHA
LTD
PRICED AT EUR 1.47 PER SHARE
    * ACQUISITION IS EXPECTED TO BE EARNINGS PER SHARE ("EPS")
ACCRETIVE

Source text for Eikon:  ID:nEQ4gWdxma 
Further company coverage:  M8H.DE 

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