Brief: VIMAB Enters Into Letter Of Intent Regarding Acquisition Of Solomon

VIMAB AB (publ)

20/06/2023 08:21

June 20 (Reuters) - VIMAB Group AB (publ)  VIMAB.ST :
    * ENTERS INTO LETTER OF INTENT REGARDING ACQUISITION OF
SOLOMON OY
FOR A PURCHASE PRICE OF A MAXIMUM OF EUR 2.3 MILLION
    * ASSESSES THAT ACQUISITION WILL HAVE A POSITIVE EFFECT ON
VIMAB
GROUP'S RESULTS DURING BUSINESS YEAR 2023
    * INITIAL PURCHASE PRICE OF EUR 1.8 MILLION INCLUDES EUR 0.5
MILLION IN CASH, EUR 1.3 MILLION IN VIMAB  SHARES
    * SIGNING OF SHARE TRANSFER AGREEMENT IS PLANNED FOR Q3 2023

Source text for Eikon:  ID:nBQN9q0BbF 
Further company coverage:  VIMAB.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))