Brief: Netmore Updates On Negotiations With Potential Customer

Netmore AB

23/08/2022 14:04

Aug 23 (Reuters) - Netmore Group AB  NETMb.ST :
    * IS IN ONGOING NEGOTIATIONS WITH INTERESTED USERS OF NETMORE'S SERVICES
    * IN LIGHT OF THIS, POLAR STRUCTURE AB, WHICH SUBMITTED A PUBLIC TAKEOVER OFFER TO THE
SHAREHOLDERS OF NETMORE GROUP ON JUNE 15, 2022, IS EXPECTED TO PUBLISH AN ADDENDUM TO THE OFFER
DOCUMENT AND EXTEND THE ACCEPTANCE DEADLINE FOR THE OFFER
    * FOR NOW, NETMORE IS UNABLE TO SHARE MORE DETAILED INFORMATION ON NEGOTIATIONS AS CO
BELIEVES IT
WOULD REDUCE LIKELIHOOD OF SUCCESSFUL OUTCOME
    * AGREEMENT IS WITHIN IOT BUSINESS AREA WHICH IS GROWTH AREA FOR NETMORE

Source text for Eikon:  ID:nWkr6chVRm 
Further company coverage:  NETMb.ST 

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