Brief: Vimab Group Signs LoI To Acquire AoO CNC AB

VIMAB AB (publ)

05/12/2022 07:53

Dec 5 (Reuters) - VIMAB Group AB (publ)  VIMAB.ST :
    * SIGNS LOI TO ACQUIRE AOO CNC AB
    * PURCHASE PRICE SEK 23.3 MILLION
    * LOI COVERS 100% OF SHARES IN ACQUIRE AOO CNC AB
    * INITIAL PURCHASE PRICE SEK 16.3 MILLION OF WHICH SEK 9.3
MILLION
IN CASH AND SEK 7.0 MILLION IN VIMAB SHARES
    * SEES SIGNING OF SHARE TRANSFER AGREEMENT IN Q1 2023
    * TOTAL PURCHASE PRICE INCLUDES TWO POTENTIAL EARN-OUT
PAYMENTS OF
UP TO SEK 3.0 MILLION AND SEK  4.0 MILLION

Source text for Eikon:  ID:nBQN53LxfD 
Further company coverage:  VIMAB.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))