September 27, 2018 / 6:56 AM / a month ago

BRIEF-Basic Fit Takes Note 3I Announces Sale Of Part Of Its Stake In Basic-Fit

Sept 27 (Reuters) - BASIC FIT NV:

* 3I ANNOUNCES SALE OF PART OF ITS STAKE IN BASIC-FIT

* 3I GROUP PLC VIA MITO HOLDINGS S.À.R.L. THAT IT HAS SOLD A C.6.8% STAKE IN BASIC-FIT

* FOLLOWING COMPLETION OF THE PLACEMENT, 3I’S REMAINING STAKE WILL BE APPROXIMATELY 21% OF BASIC-FIT’S OUTSTANDING SHARE CAPITAL

* OFFER PRICE OF €30.50 PER SHARE

* 3I HAS COMMITTED ITSELF TO A LOCK-UP OF 90 DAYS Further company coverage:, (Gdynia Newsroom)

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