Brief: Lumaland Implements Corporate Actions And Buys Social Chain Group
21/06/2019 12:07
June 21 (Reuters) - LUMALAND AG PU11n.D :
* IMPLEMENTS CORPORATE ACTIONS AND ANNOUNCES ACQUISITION OF
THE
SOCIAL CHAIN GROUP AG
* SHAREHOLDER OF WONISTA GMBH WILL RECEIVE 210,000 NEW
LUMALAND
SHARES AT EUR 15.54 EACH UNDER EXCLUSION OF SUBSCRIPTION RIGHTS
AS PART OF CAPITAL INCREASE IN KIND
* ENTERED AGREEMENT WITH SHAREHOLDER OF WONISTA WHERE
WONISTA WILL
BE TRANSFERRED TO LUMALAND AS PART OF NON-CASH CAPITAL INCREASE
FROM AUTHORIZED CAPITAL
* CAPITAL INCREASE WILL ONLY BE CARRIED OUT BY EUR
141,616.00 TO
EUR 2,974,949.00
* SOCIAL CHAIN GROUP AG WOULD BECOME A WHOLLY OWNED
SUBSIDIARY
* APEIRON INVESTMENT GROUP WAS AUTHORIZED TO SUBSCRIBE FOR
NEW
SHARES AT SUBSCRIPTION PRICE OF EUR 13.00.
* TO ACQUIRE ALL SHARES IN SOCIAL CHAIN GROUP BY CAPITAL
INCREASE
IN KIND AGAINST ISSUE OF ABOUT 5.85 MILLION NEW LUMALAND SHARES,
EX SUBSCRIPTION RIGHTS
* OFFERED TRANSACTION PRICE OF APPROXIMATELY EUR 91 MILLION
FOR
100% OF THE SHARES IN THE SOCIAL CHAIN GROUP AG
Source text for Eikon: ID:nEQ9z1Pw2a
Further company coverage: PU11n.D
(Gdynia Newsroom)
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