Brief: Medicalgorithmics Starts Talks With Rafal Brzoska On Acquisition Of Company's Shares

Medicalgorithmics SA

26/10/2021 07:31

Oct 26 (Reuters) - Medicalgorithmics SA  MDG.WA :
    * SAID ON MONDAY THAT IT HAS DECIDED TO START TALKS ON
ACQUISITION
OF COMPANY'S SHARES
    * IT RECEIVED PRELIM NON-BINDING OFFER FROM RAFAŁ BRZOSKA
(CEO OF
INPOST) ON ACQUIRING SHARES IN MEDICALGORITMICS
    * OFFER IS FOR NEWLY-ISSUED SHARES, WHICH AMOUNT TO 50% OF
VOTING
RIGHTS IN COMPANY'S GENERAL MEETING 
    * UNDER OFFER BRZOSKA IS PROPOSING SECURED LOAN OF UP TO $20
MLN
TO COMPANY WHICH IS CONVERTIBLE TO COMPANY'S SHARES
    * COMPLETION OF THIS TRANSACTION IS DEPENDED ON (AMONGST
OTHERS)
SATISFACTORY RESULT OF DUE DILIGENCE AND APPROVAL FROM POLISH
OFFICE FOR COMPETITION AND CONSUMER PROTECTION 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2jzn9Ba
 Further company coverage:  MDG.WA  

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