Brief: Pagero And Gosocket To Further Strengthen Collaboration

Pagero AB (publ)

28/09/2023 21:13

Sept 28 (Reuters) - Pagero Group AB (publ)  PAGERO.ST :
    * PAGERO AND GOSOCKET TO FURTHER STRENGTHEN COLLABORATION
    * HAS EXERCISED ADDITIONAL FINANCING OF SEK 150 MILLION
UNDER ITS
EXISTING FINANCING ARRANGEMENT WITH TURE INVEST.
    * AGREED TO MAKE AN ADVANCE PAYMENT TO MINORITY OWNERS IN
GOSOCKET, USING COMBINATION OF NEW ISSUED PAGERO SHARES AND CASH
    * PAGERO GROUP-WITH LOAN, EXERCISED SEK 450 MILLION OF
AVAILABLE
SEK 1,500 MILLION UNDER EXISTING FINANCING ARRANGEMENT WITH TURE
INVEST
    * PAGERO GROUP AB - CO AND MINORITY OWNERS OF GOSOCKET HAVE
AGREED
TO MOVE BEGINNING OF EXERCISE PERIODS OF PUT OPTION, FROM 30
JUNE 2024 TO 1 JAN 2026

Source text for Eikon:  ID:nWkr81lTwr 
Further company coverage:  PAGERO.ST 

 ((Reuters.Briefs@thomsonreuters.com;))