Brief: Gino Rossi Signs LoI With OTCF Regarding Simple CP Sale

Monnari Trade SA

20/09/2018 10:55

Sept 20 (Reuters) - GINO ROSSI SA  GRIP.WA :
    * SIGNS LETTER OF INTENT WITH OTCF SP. Z O.O. TO SELL SIMPLE
CREATIVE PRODUCTS SA
    * SAYS FINAL CONTENT OF TRANSACTION DOCUMENTATION TO BE
AGREED ON
WITHIN 30 DAYS
    * SAYS LOI DOES NOT IMPACT ONGOING NEGOTIATIONS WITH MONNARI
SA
 MONP.WA  REGARDING SALE OF 100 PERCENT OF SIMPLE CP
 urn:newsml:reuters.com:*:nFWN1UZ16X
    * SAYS PARTIES ARE NOW NEGOTIATING ON REPAYMENT OF SIMPLE
CP'S
LIABILITIES TO MISS CLASS SP. Z O.O. IN THE AMOUNT OF 4 MLN
ZLOTYS
    * EARLIER IN SEPT. CO INFORMED THAT MISS CLASS HAS BEGAN
DEBT
ENFORCEMENT PROCEEDINGS AGAINST SIMPLE CREATIVE PRODUCTS (SIMPLE
CP)  urn:newsml:reuters.com:*:nL5N1VS2ST

Source text for Eikon:  ID:nEM6XCMVYa 
Further company coverage:  GRIP.WA 

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