Reuters logo
BRIEF-Vitec Software Group acquires MV-Nordic in Denmark
July 6, 2017 / 10:47 AM / 2 months ago

BRIEF-Vitec Software Group acquires MV-Nordic in Denmark

July 6 (Reuters) - VITEC SOFTWARE GROUP AB (PUBL)

* REG-VITEC SOFTWARE GROUP AB: VITEC ACQUIRES MV-NORDIC A/S IN DENMARK

* PAYMENT IS IN CASH AND A CONVERTIBLE BOND WITH DEVIATION FROM SHAREHOLDERS’ PREFERENTIAL RIGHTS IN ACCORDANCE WITH AUTHORIZATION OF AGM 2017-04-25

* ACQUISITION IS EXPECTED TO DIRECTLY RESULT IN AN INCREASE IN EARNINGS PER SHARE FOR VITEC

* CONVERTIBLE BONDS DURATION IS 3 YEARS, WHICH AT FULL CONVERSION DILUTES CAPITAL BY 0.8% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below