Brief: Shaver Shop Says Secures Exclusive Skull Shaver Distribution Agreement

Shaver Shop

07/06/2024 01:19

June 7 (Reuters) - Shaver Shop  SSG.AX :
    * SECURES EXCLUSIVE SKULL SHAVER DISTRIBUTION AGREEMENT
    * EXPECTS ARRANGEMENT TO BE EARNINGS ACCRETIVE IN FIRST FULL
YEAR
OF AGREEMENT
    * CO WILL PAY AN UP-FRONT FEE OF US$2.25 MILLION ON
COMMENCEMENT
AND FURTHER FEE OF US$2.5 MILLION ON RENEW
    * SHAVER SHOP WILL RECEIVE EXCLUSIVE DISTRIBUTION RIGHTS TO
SELL
SKULL SHAVER PRODUCTS IN BOTH AUSTRALIA AND NEW ZEALAND

Further company coverage:  SSG.AX 

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