Brief: Tellusgruppen Becomes New Owner Of Språkservice 24

Tellusgruppen AB

01/08/2023 14:04

Aug 1 (Reuters) - Tellusgruppen AB  TELLUS.ST :
    * NEW OWNER OF SPRÅKSERVICE 24
    * PURCHASE PRICE FOR THE SHARES, EXCLUDING CASH, IS SEK
7,700,000
    * SEK 3,465,000 PAID IN CASH AND SEK 2,310,000 THROUGH NEWLY
ISSUED SHARES
    * SHARES ISSUED AT PRICE SEK 7.99 PER SHARE
    * IN 2022, OMNIGLOT AND SPRÅKSERVICE REPORTED JOINT EBITDA
OF SEK
12.1 MILLION, A POSITIVE INDICATION OF THE EFFECT OF THESE
ACQUISITIONS
    * CASH PAYMENT IS FINANCED BY LOAN FROM MAIN SHAREHOLDER
BINA
HOLDING
    * TELLUSGRUPPEN ALREADY OWNS OMNIGLOT, WHICH OFFERS SIMILAR
SERVICES AS SPRÅKSERVICE 24

Source text for Eikon:  ID:nWkr3ClKh1 
Further company coverage:  TELLUS.ST 

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