Brief: Empir Group To Acquire Mysafety, Proposes Name Change

mySafety AB

15/09/2023 07:39

Sept 15 (Reuters) - Empir Group AB  EMPIRb.ST :
    * ENTERS INTO AGREEMENT TO ACQUIRE SHARES OWNED BY MINORITY SHAREHOLDERS IN MYSAFETY
    * CARRIES OUT A SET-OFF ISSUE OF CONVERTIBLES TO THE SELLERS OF APPROXIMATELY SEK 21.2
MILLION
    * TO ACQUIRE 735 SHARES IN MYSAFETY
    * EMPIR GROUP AB - FOLLOWING COMPLETION OF ACQUISITION, MYSAFETY WILL BE A WHOLLY OWNED
SUBSIDIARY
OF EMPIR GROUP
    * PURCHASE PRICE FOR SHARES SEK 22.05 MILLION
    * PROPOSES NAME CHANGE TO MYSAFETY GROUP AB
    * SUBJECT TO THE APPROVAL OF THE SHAREHOLDERS OF EMPIR GROUP, THE TRANSACTION IS EXPECTED TO
CLOSE
AROUND 18 OCTOBER 2023

Source text for Eikon:  ID:nWkr8ysNTq 
Further company coverage:  EMPIRb.ST 

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