Brief: Globalive Technology Acquires Call Option To Purchase Globalive Capital Control Position In Flexiti Financial

Yooma Wellness

21/06/2018 13:39

June 21 (Reuters) - Globalive Technology Inc  LIVE.V :
    * GLOBALIVE TECHNOLOGY ACQUIRES CALL OPTION TO PURCHASE
GLOBALIVE
CAPITAL CONTROL POSITION IN FLEXITI FINANCIAL
    * GLOBALIVE TECHNOLOGY-UNDER TERMS OF CALL RIGHT, CO CAN
REQUIRE
GC TO SELL ITS OWNERSHIP,CONTROL POSITION IN FLEXITI IN EXCHANGE
FOR 13.33 MILLION ITS SHARES
    * GLOBALIVE TECHNOLOGY INC - PUT RIGHT HAS BEEN AMENDED TO
INCREASE PRICE PAYABLE TO GC FROM 3.33 MILLION SHARES OF
GLOBALIVE TECHNOLOGY TO 5 MILLION SHARES

Source text for Eikon:  ID:nCNWbwFFwa 
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 (Reuters.Briefs@thomsonreuters.com)