Brief: Sensen Networks Announces Settlement Of Proceedings With Angel Group
27/10/2023 02:33
Oct 27 (Reuters) - Sensen Networks Ltd SNS.AX :
* SETTLEMENT OF PROCEEDINGS WITH ANGEL
* UNDER SETTLEMENT AGREEMENT, CO WILL TRANSFER CERTAIN
CUSTOMER
CONTRACTS IN CASINO MARKET TO ANGEL
* SENSEN AND ANGEL HAVE ENTERED INTO A PLACEMENT AGREEMENT
* ANGEL SUBSCRIBED FOR 45 MILLION ORDINARY SHARES IN CO AT
A$0.04
PER SHARE
* UNDER SETTLEMENT AGREEMENT CO TO TRANSFER CERTAIN IP
RIGHTS
RELATING TO GAMING INDUSTRY, TO ANGEL
Source text for Eikon: ID:nASX9g4DMk
Further company coverage: SNS.AX
((Reuters.Briefs@thomsonreuters.com;))
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