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ORTIN Ortelius International AB (publ) News Story

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Brief: Ortelius Amends Purchase Price Structure For Tech5 Acquisition

March 20 (Reuters) - Ortelius International AB (publ) ORTIN.ST:

ORTELIUS AMENDS PURCHASE PRICE STRUCTURE FOR TECH5 ACQUISITION – FIXED SHARE-BASED CONSIDERATION

REVISES PURCHASE PRICE STRUCTURE FOR TECH5 ACQUISITION

SEK 700,000 OF REMAINING PURCHASE PRICE TO BE SETTLED IN SHARES

FIXED EARN-OUT OF SEK 4.8 MILLION PER YEAR TO BE SETTLED IN SHARES OVER 3 YEARS

REVISED STRUCTURE REMOVES FINANCIAL PERFORMANCE CONDITIONS

Source text: ID:nMFNb8xn0

Further company coverage: ORTIN.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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