Brief: MTI Signs LOI To Acquire Additional 7.9% In FinTech Africa

MTI Investment AB (publ)

23/03/2023 15:02

March 23 (Reuters) - MTI Investment SE  MTII.ST :
    * MTI SIGNS A LETTER OF INTENT TO ACQUIRE AN ADDITIONAL 7.9
PERCENT, WORTH SEK 1.2 MILLION IN FAST GROWING FINTECH AFRICA
    * ACQUISITION OF 7.92 PERCENT OF SHARES, VALUED AT SEK 1.2
MILLION
    * IF LOI IS FINALIZED CO INCREASES HOLDING FROM 5.23% TO
13.63%
VIA SHARE SWAP
    * SHARE SWAP CORRESPONDS TO 300,632 SHARES IN CO, OR
SHAREHOLDING
OF 4.6%

Source text for Eikon:  ID:nBQN20LVnj 
Further company coverage:  MTII.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))