Brief: Crescent Approves Acquisition Of Remoticom Holding, Strategic Cooperation & Integration With Trust1team

Option NV

31/05/2021 07:15

May 31 (Reuters) - Crescent NV  OPIN.BR :
    * PROVIDES GUIDANCE ABOUT ITS FUTURE DEVELOPMENTS AND ANNOUNCES A
RECONSTITUTION
OF ITS BOARD OF DIRECTORS
    * HAS APPROVED THE ACQUISITION OF REMOTICOM HOLDING BV AND AN ENHANCED
STRATEGIC
COOPERATION AND INTEGRATION WITH TRUST1TEAM BV
    * THIS WILL BE DONE THROUGH MAINLY CASHLESS TRANSACTIONS (SHARE SWAPS,
ETC..)
    * HAS ALSO LAUNCHED A SECOND PUT OPTION NOTICE (34M SHARES) TO LDA CAPITAL
TO COPE
WITH LIMITED ADDITIONAL CASH REQUIREMENTS
    * THESE TRANSACTIONS WILL FUEL SUBSTANTIAL REVENUE GROWTH AS WELL AS ENABLE
SIGNIFICANT PRODUCTIVITY GAINS
    * RECEIVED AND ACCEPTED RESIGNATIONS OF MRS. LIESBET VAN DER PERRE AND MRS
LIEVE
DECLERCQ, AS WELL AS MORE RECENTLY OF MR PIETER BOURGEOIS
    * THEIR MANDATES WILL BE FILLED BY MRS MARTINE REYNAERS AND MR PAUL MATTHIJS
AND
WILL BE SUBMITTED FOR APPROVAL BY TODAY’S GENERAL ASSEMBLY

Source text for Eikon:  ID:nNDL4K2MhS 
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