Brief: Amalphi Says It Considers Strategic Acquisition
13/12/2019 17:09
Dec 13 (Reuters) - AMALPHI AG AMLP.F :
* IS CONSIDERING STRATEGIC ACQUISITION
* SUCCESSFUL COMPLETION OF POTENTIAL ACQUISITION WOULD HAVE
A
SIGNIFICANT IMPACT ON THE CURRENT BUSINESS MODEL OF AMALPHI AG
* LETTER OF INTENT CLOSED TODAY BETWEEN AMALPHI AND MEDONDO
PROVIDES THAT AMALPHI AG ACQUIRES A SIGNIFICANT STAKE IN MEDONDO
AG
* WILL CARRY OUT A CAPITAL INCREASE TO FINANCE THE
TRANSACTION
* TO CARRY OUT CAPITAL INCREASE FROM DECEMBER 16
* THROUGH CAPITAL INCREASE CO WILL RECEIVE CASH AND CASH
EQUIVALENTS OF AROUND EUR 3 MILLION IF THE SHARES ARE FULLY
PLACED
* NEGOTIATIONS ARE HELD WITH THE SHAREHOLDERS OF MEDONDO TO
ACQUIRE ALL OF THEIR SHARES
* THE IMPLEMENTATION OF A COMBINED CASH / NON-CASH CAPITAL
INCREASE IN 2020 IS IN THE DISCUSSION
* CAPITAL INCREASE WILL PRESUMABLY LEAD TO AN INCREASE IN
THE
SHARE CAPITAL TO THE EXTENT OF THE CURRENT CAPITAL
Source text for Eikon: ID:nPexPvNfsa
Further company coverage: AMLP.F
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