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Litebulb Group Ltd Announces Proposed acquisition of Meld Group Limited


Tuesday, 5 Nov 2013 02:00am EST 

Litebulb Group Ltd announced that it has entered into a conditional share purchase agreement to acquire Meld Group Limited (Meld), a brand and product development company, for an initial consideration of GBP2 million in cash and 347,642,857 Ordinary Shares (the Acquisition). LiteBulb also announces that, through the conditional placing of up to 428,571,350 Ordinary Shares (the Placing Shares) at GBP0.007 per placing share (the Placing Price), it intends to raise up to GBP3.0 million before expenses with both existing and new shareholders (the Placing). 

Company Quote

0.955
0.0 +0.00%
18 Dec 2014