Brief: SMT exchanges own shares for iAlabatros ones

Satis SA

02/09/2015 11:34

Sept 2 (Reuters) - SMT SA  SMTP.WA : 
    * Said on Tuesday that Moncef Khanfir Invest SAS, based in 
France, acquired 93,000 of the company's series G shares of the 
issue price of 28.9 zlotys each  
    * Moncef Khanfir Invest SAS in exchange for the shares paid 
36.86 zlotys in cash and transferred to the company 22,999 of 
iAlabatros's shares of the fair value equal to the issue price 
of 2.7 million zlotys ($716,864.91) in total 
    * Onemaker Solutions Ltd, located in Cyprus, acquired 
261,354 of the company's series G shares  
    * Onemaker Solutions in exchange for the shares paid 1.36 
zlotys in cash and transferred to the company 64,634 of 
iAlabatros's shares of the fair value equal to the issue price 
of 7.6 million zlotys in total 
    * Moncef Khanfir Invest SAS and Onemaker Solutions agreed to 
put 36 months lock-up on newly acquired series G shares 
    * In addition, signs a cooperation agreement with Moncef 
Khanfir to prepare and launch a strategy concerning the 
company's expansion into the market of business travel 
    * Under the agreement, Moncef Khanfir also pledged to sell 
107,000 shares of iAlabatros and use the sale proceeds to buy 
the company's shares  
 
     
 Source text for Eikon:  ID:nEM0100361  
     
 Further company coverage:  SMTP.WA   
    
 
 
 
($1 = 3.7664 zlotys) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))