Brief: Nexity Global Signs Term-Sheet With Aper Ventures, The Batteries, And JR Holding On Nexity Global and The Batteries' Merger

Nexity Global SA

21/03/2022 11:10

March 21 (Reuters) - Nexity Global SA  NXGP.WA :
    * SIGNS TERM-SHEET WITH  APER VENTURES,  THE BATTERIES, AND
JR
HOLDING ASI ON INCLUDING JHR IN THE BATTERIES INVESTMENT AND ITS
ENETRING ON WARSAW STOCK EXCHANGE
    * UNDER TERM-SHEET TO INTRODUCE THE BATTERIES ON WSE BY
REVERSE
ACQUISITION OF NEXITY
    * REVERSE ACQUISITION TO BE CARRIED OUT BY CONVERTING 100%
STAKE
IN THE BATTERIES INTO 85.5% OF NEXITY SHARES

Source text for Eikon:  ID:nEM8sBgpra 
Further company coverage:  NXGP.WA 

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