Brief: Movie Games Signs Termsheet With K&K Herbal Poland On Merger With Group's Company

Movie Games SA

14/01/2021 06:51

Jan 14 (Reuters) - Movie Games SA  MOVP.WA :
    * SAID ON WEDNESDAY THE COMPANY AND K&K HERBAL POLAND HAVE
SIGNED
A TERMSHEET REGARDING CONDITIONS OF MERGER OF K&K HERBAL POLAND
WITH TRUE GAMES - A COMPANY FROM MOVIE GAMES GROUP
    * TERMSHEET INCLUDES ARRANGEMENTS FOR ENTERING INTO TALKS ON
INVESTMENT DEAL, UNDER WHICH TRUE GAMES ASSETS WOULD BE
TRANSFERRED TO K&K HERBAL POLAND IN EXCHANGE FOR NEW SHARES,
WHICH K&K HERBAL POLAND WOULD ISSUE TO TRUE GAMES SHAREHOLDERS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5hrs37a
    
 Further company coverage:  MOVP.WA  
   


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