Brief: Panostaja’s Ownership In Carrot Drops Below 20%

Panostaja Oyj

09/11/2021 12:49

Nov 9 (Reuters) - Panostaja Oyj  PNA1V.HE :
    * PANOSTAJA’S OWNERSHIP IN CARROT PALVELUT GROUP DROPS BELOW
20%
    * PANOSTAJA HAS SIGNED AN AGREEMENT TO SELL CARROT PALVELUT
GROUP
OY'S SHARES TO SHAREHOLDERS OF COMPANY
    * AS A RESULT OF DEAL, PANOSTAJA'S OWNERSHIP IN CARROT
PALVELUT
GROUP OY WILL DROP TO 19%
    * TOTAL DEBT FREE ENTERPRISE VALUE OF TRANSACTION IS ABOUT
MEUR
4.6
    * ONCE DEAL HAS BEEN COMPLETED, PANOSTAJA GROUP WILL RECORD
ABOUT
MEUR 0.3 IN SALES PROFIT BEFORE TAXES
    * CARROT WILL CONTINUE OPERATIONS AS AN INDEPENDENT GROUP,
AND
PRIMARY OWNER FROM NOW ON WILL BE JOUNI AROLAINEN

Source text for Eikon:  ID:nGNEcXCwV 
Further company coverage:  PNA1V.HE 

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