Brief: Rush Factory Signs Prelim Agreement To Merge With Street Food Group

Sunborn International Oyj

23/09/2024 07:42

Sept 23 (Reuters) - Rush Factory Oyj  RUSHF.HE :
    * SAID ON FRIDAY SIGNED PRELIM AGREEMENT TO BUY ALL SHARES
IN
STREET FOOD GROUP
    * IF MERGER BETWEEN GROUPS IS REALIZED, RUSH FACTORY WILL
ISSUE
9,236,976 NEW SHARES AT PRICE 0.3028 EURO PER SHARE, OUT OF
WHICH 7,886,250 SHARES WILL BE DIRECTED TO OWNERS OF STREET FOOD
GROUP
    * IF MERGER BETWEEN GROUPS IS REALIZED, STREET FOOD GROUP
SHARE
OWNERS WOULD OWN AROUND 68% OF CO SHARES


        
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