Brief: MBH Corporation Buys UK Sports Training Ltd

MBH

30/10/2019 06:37

Oct 30 (Reuters) - MBH CORPORATION PLC  M8H.DE :
    * ACQUIRES UK SPORTS TRAINING LTD EXPANDING ITS EDUCATION
SERVICES
PORTFOLIO
    * COMPANY WILL BECOME A WHOLLY OWNED SUBSIDIARY OF EDUCATION
SERVICES VERTICAL WITHIN MBH
    * EXPECTS THAT TOTAL NUMBER OF MBH SHARES ISSUED AFTER
COMPLETION
OF THIS ACQUISITION WILL BE BETWEEN RANGE OF 60.4 MILLION AND
65.4 MILLION SHARES
    * WILL EXPECT TO CREATE 400,000 SHARES TO ACQUIRE 100% OF UK
SPORTS TRAINING LTD PRICED AT EUR 1.47 PER SHARE
    * SHARES EXPECTED TO BE ISSUED BY DECEMBER 2019

Source text for Eikon:  ID:nEQ19DjxMa 
Further company coverage:  M8H.DE 

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