Brief: Pantaluren Group Acquires Mediacle Limited

Mediacle AB (publ)

30/01/2019 12:29

Jan 30 (Reuters) - Pantaluren Group AB  PANTA.NGM :
    * PANTALUREN ACQUIRES  MEDIACLE LIMITED
    * PANTALUREN GROUP - INITIAL PURCHASE PRICE FOR MEDIACLE
LIMITED
IS SEK 105 MILLION OF WHICH SEK 85 MILLION TO BE PAID IN NEW
SHARES
    * PANTALUREN GROUP - REMAINING SEK 20 MILLION TO BE PAID IN
FORM
OF PROMISSORY NOTE WITH ANNUAL INTEREST OF STIBOR PLUS 5 PERCENT
    * ADDITIONAL PURCHASE CAN BE MAXIMUM OF ABOUT SEK 25 MILLION
    * PANTALUREN GROUP - ACQUISITION MEANS CO WILL HAVE NEW
MAJOR
SHAREHOLDER OWNING ABOUT 84 PERCENT OF SHARE CAPITAL AND VOTES

Source text for Eikon:  ID:nWkr36yS5l 
Further company coverage:  PANTA.NGM 

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