SmartGuy Group A/S: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Directors Deals Ltd.
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SmartGuy Group A/S to Conduct Share Capital Increase; Aktieselskabet af 14. oktober 2012 to Increase Stake in SmartGuy
SmartGuy Group A/S announced that the Company has decided to conduct a directed share capital increase wherein Aktieselskabet af 14. oktober 2012 will subscribe for 18,479,500 new shares in SmartGuy at a subscription price of DKK 2.35. Through the issue the Company will raise proceeds of DKK 42.5 million. At the same time Aktieselskabet af 14. oktober 2012 intends to increase its holding in the Company through share acquisition agreement with NK Invest ApS, Langasen Invest ApS and Soevang Invest ApS for a total of 18,542,296 shares at a price of DKK 2.35 per share. The agreement is subject to approval from competition authorities in Austria. Additionally, Aktieselskabet af 14. oktober 2012 has entered into a conditional option agreement with NK Invest ApS and Las Atalayas ApS for a total of 15,138,975 shares at a price of DKK 2.35 per share. Under terms of the agreement 50% of shares options should be exercised in November 2014 and 50% of shares options in November 2015. The option agreement is subject to approval from competition authorities in Austria. If Aktieselskabet af 14. oktober 2012 receives approval from Austrian authorities, the company will hold a 25.91% stake in SmartGuy and have a purchase option for additional 5.0% of shares and votes in SmartGuy.
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