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RELAIS - Relais Oyj News Story

€17.25 0.1  0.6%

Last Trade - 11:31am

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £256.1m
Enterprise Value £280.9m
Revenue £111.3m
Position in Universe 645th / 1829

BRIEF-Relais Group Acquires 95.25% Of Shares Of Td Tunga Delar Sverige AB

Thu 6th February, 2020 1:52pm
Feb 6 (Reuters) - Relais Group Oyj  RELAIS.HE :
    * RELAIS GROUP PLC STRENGTHENS ITS POSITION IN SWEDEN BY
ACQUIRING
THE MAJORITY OF SHARES OF TD TUNGA DELAR SVERIGE AB AND CARRIES
OUT A DIRECTED SHARE ISSUE
    * ACQUIRED 95.25% OF SHARES OF TD TUNGA DELAR SVERIGE AB
("TD",
"TUNGA DELAR") FROM COMPANY'S SHAREHOLDERS
    * PURCHASE PRICE PAID UPON CLOSING OF ACQUISITION WAS
APPROXIMATELY SEK 142.9 MILLION, OF WHICH ROUGHLY SEK 87.9
MILLION WAS PAID IN CASH AND SEK 55.0 MILLION IN RELAIS GROUP'S
SHARES
    * PAID SEK 55.0 MILLION OF PURCHASE PRICE BY ISSUING IN A
DIRECTED
SHARE ISSUE A TOTAL OF MAXIMUM 606,250 NEW RELAIS GROUP'S SHARES

Source text for Eikon:  ID:nWkr10dhBw 
Further company coverage:  RELAIS.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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