Brief: Present24 Buys B2B And B2C Services From Betinv

Present24 SA

03/01/2019 08:42

Jan 3 (Reuters) - Present24 SA  P24.WA :
    * SAID ON WEDNESDAY IT ACQUIRED FROM BETINV AG (Betinv) B2B
AND
B2C DOMAINS AND SERVICES FOR 949,000 ZLOTYS
    * SIMULTANEOUSLY IT DISPOSED ALL ITS SHARES IN BETINV AG,
WHICH
WERE ALSO VALUED IN COMPANY'S BOOKS AT 949,000 ZLOTYS 
    * IF BY DEC. 31, 2019 CO GENERATES MORE THAN 200,000 ZLOTYS
OPERATING PROFIT THANKS TO ACQUIRED B2B AND B2C SERVICES, IT
WILL ISSUE  AG 16.1 MILLION SERIES F PREFERENCE SHARES TO BETINV
    * IF BY DEC. 31, 2019 CO GENERATES MORE THAN 400,000 ZLOTYS
OPERATING PROFIT THANKS TO ACQUIRED B2B AND B2C SERVICES, IT
WILL ADDITIONALLY ISSUE 6 MLN SERIES G SHARES TO BETINV 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEB3g5ktm
    
 Further company coverage:  P24.WA  
   


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