Brief: MBH To Divest Parenta

MBH

26/05/2021 08:05

May 26 (Reuters) - MBH CORPORATION PLC  M8H.DE :
    * ANNOUNCES DIVESTMENT OF PARENTA GROUP.
    * IT IS PROPOSED THAT MANAGEMENT OF PARENTA GROUP WILL
RETURN
MAJORITY OF SHARES THEY WERE ISSUED AS INITIAL CONSIDERATION
    * TOTAL NUMBER OF SHARES TO BE RETURNED TO MBH AS TREASURY
SHARES
IS 10 MILLION
    * THESE SHARES WILL IMMEDIATELY BE CANCELLED AND WILL
THEREFORE
REDUCE TOTAL ISSUE OF MBH SHARES BY 10M
    * DIVESTMENT OF PARENTA GROUP WILL NOT HAVE A MATERIAL
IMPACT ON
FINANCIAL RESULTS OF MBH

Source text for Eikon:  ID:nEQ8FkDl7a 
Further company coverage:  M8H.DE 

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