Key terms
- Sale of all the shares in
Webstep AB . -
The total consideration for the shares to be paid by the Buyer to the Seller is
SEK 50,981,658 (the "Purchase Price"). SEK 25,490,829 , corresponding to 50% of the Purchase Price, shall be paid by the Buyer to the Seller at closing of the Transaction.-
The remaining part of the Purchase Price,
SEK 25,490,829 , shall be settled by issuance of a vendor note to be paid by the Buyer to the Seller on the date falling nine months after the closing date. - The Transaction is expected to close in H2 2024, subject to applicable regulatory approvals and other customary closing conditions.
The chairperson of
"The sale of our Swedish subsidiary
Advisors
Contact details for further information
Cell: +47 977 23 121
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act.
This
https://news.cision.com/webstep-asa/r/webstep-asa-divests-its-operations-in-sweden,c3987255
https://mb.cision.com/Main/16344/3987255/2818785.pdf
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