Brief: Vincit Acquires Bonsky Digital In Jyvaskyla, Finland

Vincit Oyj

29/04/2021 11:28

April 29 (Reuters) - Vincit Oyj  VINCIT.HE :
    * ACQUIRES BONSKY DIGITAL IN JYVASKYLA, FINLAND
    * TRANSACTION WILL TAKE EFFECT AND OWNERSHIP OF THE SHARES
WILL BE
TRANSFERRED ON MAY 1, 2021
    * PRELIMINARY PURCHASE PRICE IS EUR 3.0 MILLION, WHICH WILL
BE
ADJUSTED ON BASIS OF BONSKY'S INTERIM FINANCIAL STATEMENT ON
APRIL 30
    * EUR 2.7 MILLION WILL BE PAID UPON SIGNING, REST WHEN
CALCULATIONS FOR FINAL PURCHASE PRICE ARE COMPLETED, ESTIMATED
IN JUNE 2021 AT LATEST
    * HIKES 2021 REVENUE OUTLOOK
    * IN 2021, VINCIT'S REVENUE GROWTH IS ESTIMATED TO BE
BETWEEN 15%
AND 22% AT COMPARABLE CURRENCY COMPARED TO 2020 REVENUE
    * BOARD HAS DECIDED ON A DIRECTED SHARE ISSUE, IN WHICH A
MAXIMUM
OF 43,241 NEW SHARES IN CO WILL BE OFFERED FOR SUBSCRIPTION BY
BONSKY'S MAIN SHAREHOLDERS
    * SUBSCRIPTION PRICE IN ISSUE IS EUR 9.25 PER SHARE

Source text for Eikon:  ID:nGNE30LSZc 
Further company coverage:  VINCIT.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))