Brief: Monnari Offers To Buy Simple CP For 12 Mln Zlotys

Monnari Trade SA

05/10/2018 06:56

Oct 5 (Reuters) - MONNARI TRADE SA  MONP.WA :
    * DECIDES TO SUBMIT BINDING OFFER TO BUY 100 PCT OF SHARES
IN
SIMPLE CREATIVE PRODUCTS SA (SIMPLE CP) FROM GINO ROSSI SA
    * SAYS BUYER WILL BE MONNARI TRADE SA OR A WHOLLY-OWNED
SUBSIDIARY
OF MONNARI TRADE SA
    * PURCHASE PRICE SET AT 12 MLN ZLOTYS 
    * SAYS TRANSACTION CONDITIONED BY EXEMPTING SIMPLE CP SHARES
FROM
ANY REGISTRATION OR FINANCIAL PLEDGES AFFECTING THEM
    * SAYS TRANSACTION ALSO CONDITIONED BY REACHING FINAL
AGREEMENT
WITH PKO BP SA REGARDING FURTHER FINANCING OF SIMPLE CP

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMVyVzNa
    
 Further company coverage:  MONP.WA ,  GRIP.WA 
   


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