Brief: New Value To Take Over EyeEm

Talenthouse AG

25/05/2021 05:34

May 25 (Reuters) - NEW VALUE AG  NEWN.S :
    * INVESTMENT COMPANY NEW VALUE AG ANNOUNCES THAT IT HAS
SIGNED AN
INVESTMENT AGREEMENT WITH SHAREHOLDERS OF EYEEM GROUP GMBH BASED
IN BERLIN (EYEEM) TO ACQUIRE 100% OF EYEEM'S SHARES
    * ACQUISITION OF SHAREHOLDING WILL MAINLY TAKE PLACE THROUGH
ISSUANCE OF NEW VALUE SHARES IN CONTEXT OF A CAPITAL INCREASE BY
WAY OF CONTRIBUTION IN KIND
    * ACQUISITION IS STILL TO BE RESOLVED BY GENERAL MEETING,
AND IS
THEREFORE SUBJECT TO APPROVAL OF SHAREHOLDERS OF NEW VALUE AG
    * EXTRAORDINARY GENERAL MEETING TO BE CALLED ON 18 JUNE 2021
    * PROPOSES ORDINARY CAPITAL INCREASES OF UP TO ABOUT CHF 8.5
MILLION IN TOTAL BY MEANS OF CONTRIBUTION IN KIND BY ISSUING
CORRESPONDING NUMBER OF UNLISTED FULLY PAID REGISTERED SHARES
WITH NOMINAL VALUE OF CHF 1 EACH AND ISSUE PRICE OF CHF 1 EACH
    * BOARD OF DIRECTORS PROPOSES CREATION OF AUTHORISED CAPITAL
UP TO
A MAXIMUM AMOUNT OF CHF 17 MILLION AND CONDITIONAL CAPITAL UP TO
A MAXIMUM AMOUNT OF CHF 8 MILLION

Source text for Eikon:  ID:nPexd7D6Na 
Further company coverage:  NEWN.S 

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