Brief: Punamusta Media Acquires Entire Share Capital Of Exove

Rebl Oyj

31/05/2023 09:30

May 31 (Reuters) - PunaMusta Media Oyj  PUMU.HE :
    * PUNAMUSTA MEDIA OYJ HAS ACQUIRED ENTIRE SHARE CAPITAL OF
EXOVE
OY
    * NET PURCHASE PRICE OF ACQUISITION IN FORM OF SHARE DEAL IS
EUR
1,5 MILLION, SHARES WILL CHANGE HANDS ON TRADE DATE
    * PURCHASE PRICE HAS BEEN PAID IN FULL AT TIME OF
TRANSACTION, IS
PAYABLE IN CASH FROM PUNAMUSTA MEDIA'S CASH RESOURCES
    * IN ADDITION, SCHEME INCLUDES POSSIBLE ADDITIONAL PURCHASE
PRICE
OF UP TO EUR 3.0 MILLION IF GROWTH TARGETS FOR PERIOD 2024-2026
ARE ACHIEVED

Source text for Eikon:  ID:nGNE9tVRBf 
Further company coverage:  PUMU.HE 

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