Brief: ZignSec To Acquire 100% Of Shares In Wyzer Limited

ZignSec AB (publ)

18/12/2020 07:12

Dec 18 (Reuters) - ZignSec AB (publ)  ZIGN.ST :
    * ZIGNSEC ENTERS INTO AN AGREEMENT TO ACQUIRE 100 PERCENT OF
THE
SHARES IN WYZER LIMITED
    * CONSIDERATION FOR SHARES IN WYZER AMOUNTS TO EUR 3
MILLION,
EQUIVALENT TO SEK 30.5 MILLION
    * TRANSACTION ALSO INCLUDES EARN-OUTS IN MAXIMUM AMOUNT OF
EUR 2
MILLION, EQUIVALENT TO SEK 20.3 MILLION
    * CLOSING IS EXPECTED TO TAKE PLACE DURING Q1 2021.

Source text for Eikon:  ID:nMFN1W8S6s 
Further company coverage:  ZIGN.ST 

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